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"It is one of the factors that has contributed to our economic ills because of the lack of investment and because tourism has almost disappeared.
The best borrowers are also shifting their fund-raising to Japan's fledgling capital markets, with the result that the banks' customers are becoming increasingly concentrated on the rotten sectors.To some extent, the banks have been able to disguise their ills because of the unrealised equity gains that they have on their balance sheets.
Machiavelli, in a famous chapter of Discorsi sopra la prima deca di tito Livio (1513 19; "Discourses on the First Ten Books of Livy"), argued that the church was the cause of Italian ills because it had lost its religious moorings and had kept the Italians politically divided.
Few policy experts or economists focus on philanthropy as a solution to social ills, because simply asking the wealthy to solve public problems isn't particularly effective on a macro scale.
The technocrats' favorite strategy for having their way is to blame national governments for all present ills because of their fiscal profligacy, and to deprive them of resources by demanding harsh austerity measures.
Similar(52)
Ill-founded because, to be quite honest, we aren't that smart and, therefore, sometimes blunder.
They thought she was ill because of bad spirits.
Also, dogs across the U.S. have fallen ill because of tainted treats from China.
I feel physically ill because I caused such a big issue.
"We do know the animal was probably ill, because it had an impacted tooth," Johnson said.
People would look at me like I was ill, because I was stick thin and alienesque.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com