Lessons from the Fiscal Cliff

The bus went over the cliff.

We stood on the brink of a cliff.

Tom pushed Mary off the cliff.

Tom pushed Mary off the edge of the cliff.

Tom almost fell over the cliff.

I almost fell off the cliff.

I almost fell off the cliff.

Another step, and you will fall down the precipice.

The bus fell off the cliff, killing all 10 aboard.

Unlike us, they won t fall off the cliff.

All of a sudden, the vehicle veered into a ditch and fell over a cliff.

Global markets are well aware of the danger of the United States falling over the fiscal cliff, and are watching nervously.

First, America s mini deal on taxes has not steered it fully away from the fiscal cliff.

But the most important part of the deal to avert the fiscal cliff was the restoration of the efficient payroll tax.

NEW YORK In the shadow of the euro crisis and America s fiscal cliff, it is easy to ignore the global economy s long term problems.

GENEVA The trouble with brinkmanship of the type now being played out over Iran s nuclear program is that it is so easy to fall over the cliff.

If we have a positive view about the future then we may be able to accelerate through that turn, instead of careening off a cliff.

Endangered animals such as the green turtle ( Chelonia mydas ) and the Hawksbill turtle ( Eretmochelys imbracata ) nest on the beach at the foot of the cliffs.

CAMBRIDGE As the world economy tumbles off the edge of a precipice, critics of the economics profession are raising questions about its complicity in the current crisis.

This week began with tragedy in St. Vincent when a bus plunged off a cliff and into the sea on Monday, killing several children.

Simply put, it would be suicidal for Russia, having itself just stepped back from the brink of territorial disintegration, to build its strength on the collapse of its neighbor.

The water makes a turn at Kolpashevo, and every year it eats away a few feet of a sand cliff there, inching closer and closer to the homes on streets named after Lenin and Dzerzhinsky .

But if that is the benchmark, we could say that jumping off a cliff is the best way to get down from a mountain after all, the descent has been stopped.

Luckily, there has never been a better time for the West particularly the EU to nudge Ukraine back from the brink.

Scores of protesters downloaded FireChat in an effort to maintain communication during the protest in case of a network shutdown, despite the inherent security vulnerabilities that the app carries.

In the US, Obama s re election has led some to believe that much needed policy reforms will bring the country back from the brink of the fiscal cliff and ignite a new era of growth.

Iran and Syria, which have played a spoiler role in Iraq up to now, may also now be anxious to find a way to pull the country back from the brink. Bush still refuses to talk to either of them, and has lately been having US troops arrest Iranian agents in Iraq.

Iran and Syria, which have played a spoiler role in Iraq up to now, may also now be anxious to find a way to pull the country back from the brink.

If the world has not fallen off the protectionist precipice during the crisis, as it did during the 1930 s, much of the credit must go the social programs that conservatives and market fundamentalists would like to see scrapped.

It is only 250 metres to the top of the volcano, which rises to 2,386 metres above sea level, but the exhausted porters take over 40 minutes to get there, at snail's pace, keeping their balance and measuring their steps carefully to avoid slipping and falling over the precipice.