At first glance American bonds might seem unattractive given low interest rates and the prospect of a decline in the dollar that could more than offset the interest income for foreign holders.
Which is to say, a notional claim to contrast the pinched, gloomy prospect of a decline and death in wintry, cold-hearted Britain with the possibly achievable golden-years-in-late-summer India, where the latter's irrepressible joie de vivre and bustling go-getter confidence is a marker of a societal respect for the older generation.
With the prospect of a decline in US influence in the region in sight, Russia and China are reaching out to Pakistan and Afghanistan in a bid to improve economic ties and to secure their southern borders against the spread of Islamic fundamentalism.
Assemblyman Richard Gottfried, a Democrat and chairman of the Health Committee, said Mr. Pataki may be stalling because of the prospect of a recession and declining revenues -- a view endorsed privately by some Republican lawmakers.
The prospect of prices declining for commercial Broadway is still more laughable.
The mere prospect of a gradual decline in Fed bond purchases in the United States pushed up borrowing rates in Europe in recent months, even as the European Central Bank was trying to tamp them down with its own limited set of remedies.
It keeps the economy at a safe distance from the prospect of a general decline in prices, or deflation, which can limit economic activity as people wait for still lower prices.
Mr. Mulroney reportedly warned the premiers at a dinner on Sunday that failure to endorse the pact this week could plunge Canada into one of its worst crises in decades, with a resurgence of separatism in Quebec and the prospect of a sharp decline in the value of the Canadian dollar.
Americans are marrying later--many not at all--leading to the prospect of a continuing decline in the national birth rate that will accelerate as we curtail immigration.
For the CEO of Fashion Bathrooms, the without case was the dismal prospect of soldiering on in a declining market, while the investment was a way to improve morale and signal a commitment to stay in business.
