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Updated: June 21, 2025
To judge by the dollar's slump in world markets, yes. But a recent spate of bad economic news in Europe and Japan may restore the global appetite for dollar-denominated assets. This would be a pity and a blessing.
Ah, my little man, when you are a big man, and fish such a stream as that, you will hardly care, I think, whether she be roaring down in full spate, like coffee covered with scald cream, while the fish are swirling at your fly as an oar-blade swirls in a boat-race, or flashing up the cataract like silver arrows, out of the fiercest of the foam; or whether the fall be dwindled to a single thread, and the shingle below be as white and dusty as a turnpike road, while the salmon huddle together in one dark cloud in the clear amber pool, sleeping away their time till the rain creeps back again off the sea.
Philip examined his ugly visage and strong crooked fore-arm, as he was waiting admittance, having pounded upon the door. "Yait a bit. I'll shoost put on my trowsers," shouted a voice from the window, and the door was soon opened by the yawning landlord. "Morgen! Didn't hear d' drain oncet. Dem boys geeps me up zo spate. Gom right in." Philip was shown into a dirty bar-room.
The glacial drip was already in evidence, and every creek in roaring spate. Each day the sun rose earlier and stayed later. It was now chill day by three o'clock and mellow twilight at nine. Soon a golden circle would be drawn around the sky, and deep midnight become bright as high noon.
The queen would not christen the bairn till the king came back, and she said, 'We will just call him Nicht Nought Nothing until his father comes home. But it was long before he came home, and the boy had grown a nice little laddie. At length the king was on his way back; but he had a big river to cross, and there was a spate, and he could not get over the water.
Archie was great in those days at tracking, his ambition running in Indian paths. He would walk always with his head bent and his eyes on the ground, whereby he several times found lost coins and once a trinket dropped by the provost's wife. At the edge of the burn, where the path turns downward, there is a patch of shingle washed up by some spate. Archie was on his knees in a second.
Oxnam and Teviot were both in spate, and their moan could be heard when the wind rested for a little and allowed the fir trees to be still. Only for very short intervals, however, did the tireless wind cease, and always, after a short respite, the trees were attacked again, and made to beck and bow their dark heads like the nodding plumes of a hearse.
Governments ran surpluses. As the IMF puts it: "To err is human and this is as true of private sector investors as anyone else." Anarchy as an Organizing Principle By: Dr. Sam Vaknin The recent spate of accounting fraud scandals signals the end of an era.
He was in Mackenzie's company at Cawnpore when the Highlanders, stirred by the wild strains of the war-pibroch, rushed upon the Nana's battery at the angle of the mango tope with the irresistible fury of one of their own mountain torrents in spate.
They might not hope to go by land, he said, for it would take too long, and the ways would be too foul. But why should they not go by water? There was the river at their feet, roaring down in full spate, tumbling the trunks of trees destroyed in last night's storm.
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