There were no officials racing to get their budget stamped at 11 58 p.m., no 10-hour delays while one last tax rate was crunched to perfection.
But politicians with no military experience, who are more concerned with interest rates, credit crunches, house prices and unemployment, should say this and the troop-contributing nations can resign themselves to the steady, long-term attrition of their soldiers committed to an unwinnable war.
The Cuban leader made a rare television appearance last week to offer words of wisdom on exchange rates, the credit crunch and the price of oil.
Anything could derail Google's current growth rates – a credit crunch, a housing collapse or a recession could all have a big impact on consumer spending and the advertising market, and impact Google massively.
After the financial crisis and credit crunch, the rate of housebuilding plummeted to lows not seen since the 1920s.
Uses 250 PCs in London offices to crunch interest rate derivatives trades when users are at lunch.
In the previous crunch, default rates topped out at around 11% (annualized) in late 2002.
These constitutional protections were on display in San Jose, a city that did not face a municipal bankruptcy -- but rather has maintained an impeccable bond rating despite a budget crunch caused by non-pension debt, corporate tax subsidies, antiquated revenue collection, and the Great Recession.
Economies end up 8% smaller, on average, than they would have been had they carried on growing at pre-crunch rates.
The first part of the floating exchange rate story worked: the credit crunch led to a drop of over 20% (blue line in the chart).
