A more plausible explanation is that Dr Mahathir is using his diatribes against speculators to divert attention from economic problems at home, such as a soaring current-account deficit and an overheating property market.As for the proposed remedy, this displays an alarming ignorance of the workings of international financial markets.
Already, the soaring current-accounts deficit for imported hydrocarbons is an existential threat to the Indian economy.
Meanwhile, employment costs soared, feeding current inflationary concerns.
That kind of disaster, naturally, would undercut the current soaring confidence in SpaceX, from investors, private-space believers and even taxpayers.
He says the cost of heating tanks with the current soaring electricity bills, as well as the higher cost of vets' bills for exotic animals, all have an impact in the recession.
If built, Green's vision would be easily the world's tallest wooden building, soaring past the current contenders – London's Stadthaus at nine storeys, and the 10-storey Forte Building in Melbourne.
What if they were to lose ground - even a fraction - from their current soaring level of 56 seats out of 59? Ruth Davidson of the Tories says we may now have seen "peak Nat".
The birds conserve energy in flight by flapping their wings as little as possible, and soaring on thermal currents.
This has exaggerated already gaping external imbalances, particularly America's soaring trade and current-account deficits.According to statistics released on April 12th, America's monthly trade deficit reached a record $61 billion in February (see chart).
Baltic economies are more at risk to sharp downturns than other Eastern European economies like Poland and Ukraine because they suffer from severe overheating, symptomatized by soaring inflation and high current account deficits.
