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The continent's very name conjures up visions of credit downgrades and tax hikes, of empty treasuries and ancient squares wreathed in tear gas, as welfare-addled protesters demand that richer countries fund their right to retire at 55.Some Republicans pretend that America is halfway to Mediterranean dysfunction.
Today, as corporations struggle with their bottom lines and governments deal with empty treasuries, America's poor health has a direct effect: About 20% of the rise in health costs between today and 2020 will be due to obesity alone.
For the last four decades, U.S. corporations have been sinking our economy through the off-shoring of jobs, the squeezing of wages, and a magician's hat full of bluffs and tricks designed to extort subsidies and sweetheart deals from local and state governments that often result in mass layoffs and empty treasuries.
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With no experience of self-rule and an empty treasury, his huge country was soon in turmoil.
But, Mr. Meshal said, the government has inherited not only an empty treasury, but also $1.7 billion in debts.
Facing an empty treasury, he raised a loan in Lucknow from the nawab-vizier there and defeated the Gurkhas of Nepal in 1816.
This continues to drain an already empty treasury.Unrealistic aspirations for a knowledge economy deflect investment from such obviously competitive sectors as tourism and entertainment.
Corruption of government officials and rebellion in the Asiatic provinces, coupled with an empty treasury, perpetuated the discontent against the central government.
An empty treasury forced politicians to turn, in sorrowful confusion rather than ideological triumph, to the market.Politicians remain reluctant to reduce subsidies, relax rigid labour laws or reform the public sector.
And construction of new houses, or the rebuilding of the old damaged ones, has been stymied by the high cost, the empty treasury of local government, and the debate over how to maintain the city's political and demographic base.
For example, that means the $10 billion claim on Iraq's empty treasury to pay for Saddam's arms should be paid by New Iraq on the day Vladimir Putin redeems the czarist debt, including interest, and not a day sooner.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com