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But for now, the financial markets seem to fear recession and deflation much more than they fear deficit spending.
The waves, one surf journalist says, are "high enough for this guy to be insane". Immune to panic ("he has a fear deficit" says friend Buzzy Kerbox), Hamilton also is, says Gerry Lopez, "a naturally gifted surfer," blessed with balance and a sensitivity to what the ocean might be doing next.
On the other hand, our results support the low-fear hypothesis, which states that deficits in behavioral adaptation are the result of a fear deficit.
According to the low-fear hypothesis of psychopathy (Lykken, 1957 , 1995 behavioral adaptation deficits after punishment in psychopaths are due to a fundamental fear deficit.
Thus, the deletion of the Irs2 gene in the Tg2576 mice is able to rescue the contextual fear deficit suggesting that the reduction of Aβ load and/or the inhibition of GSK-3 in these animals reversed the effects of over-expression of human APPsw.
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Those who fear deficits also miss the fact that the fear itself, widely disseminated, is already priced into stock markets and has had a depressant effect.
It faces headwinds of fear, deficits, terror threats, entitlement bombs, higher taxes and moral hazards, as well as armies of hair-trigger traders with their eyes on a black swan.
Animals that did not show trace fear conditioning deficits showed deficits in contextual fear conditioning and the same muscimol injections resulted in robust deficits in delay fear conditioning.
Some economists fear the deficit could also drain South Korea's formidable foreign currency reserves.
This would be politically courageous, perhaps even dangerous, because of the superstitious fear of "deficit spending" and an "unbalanced" federal budget.
Neither should the fear of deficit spending stand in the way of the need to combat terrorism abroad and protect against terrorist attacks at home.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com