Optimists see it differently. Encouraged by sharp reductions in households debt service costs and a surprisingly steep fall in unemployment, they argue that the long nightmare has finally ended.

Another implication of this view is that the steep rise in savings in China is largely driven by a rise in the savings rate of middle aged Chinese (rather than a fall in the borrowing rate of the young). Conversely, the fall in savings in the US is largely due to higher borrowing by the young (rather than a fall in middle aged Americans savings rate).

It's on very steep ground.

Yet he attempteth not the steep,

Yet he attempteth not the steep,

The path zigzagged up the steep slope.

The path zigzagged up the steep slope.

Yet he has not assaulted the steep

Yet he has not assaulted the steep

But he could not scale the steep ascent.

But he could not scale the steep ascent.

How will you comprehend what the Steep ascent is?

How will you comprehend what the Steep ascent is?

So he did not quickly enter the steep valley.

So he did not quickly enter the steep valley.

and what shall teach thee what is the steep?

and what shall teach thee what is the steep?

But he did not venture to scale the difficult steep.

And what do you know what that difficult steep is?

But he did not venture to scale the difficult steep.

And what do you know what that difficult steep is?

And what shall make thee understand that which the steep is?

And what shall make thee understand that which the steep is?

And what will make you know the path that is steep?

And what will make you know the path that is steep?

And what will explain to thee the path that is steep?

And what will explain to thee the path that is steep?

WASHINGTON, DC Egyptians political aspirations have dominated the country s public life since the fall of President Hosni Mubarak last year. Unfortunately, as those aspirations are addressed, the economy has entered a steep decline, jeopardizing one of the revolution s main goals, namely improvement in Egyptians living standards and welfare.

But he hath made no haste on the path that is steep.

But he hath made no haste on the path that is steep.

When I reach the summit of a steep mountain in the middle of nowhere, I feel young, invincible, eternal.

And how about stock market declines that are accompanied by a steep and persistent collapse in earnings by depressions?

A more likely culprit for the steep price decline is a combination of the shale energy revolution in the US and the sharp slowdown in Chinese growth. China s slowdown has helped precipitate a broad based fall in commodity prices that is having a devastating effect on countries like Argentina and Brazil, with which the US authorities presumably have little quarrel.

But he has made no effort to pass on the path that is steep.

But he has made no effort to pass on the path that is steep.

so that the fish of the sea, and the birds of the sky, and the animals of the field, and all creeping things who creep on the earth, and all the men who are on the surface of the earth, shall shake at my presence, and the mountains shall be thrown down, and the steep places shall fall, and every wall shall fall to the ground.

so that the fish of the sea, and the birds of the sky, and the animals of the field, and all creeping things who creep on the earth, and all the men who are on the surface of the earth, shall shake at my presence, and the mountains shall be thrown down, and the steep places shall fall, and every wall shall fall to the ground.

So that the fishes of the sea, and the fowls of the heaven, and the beasts of the field, and all creeping things that creep upon the earth, and all the men that are upon the face of the earth, shall shake at my presence, and the mountains shall be thrown down, and the steep places shall fall, and every wall shall fall to the ground.

So that the fishes of the sea, and the fowls of the heaven, and the beasts of the field, and all creeping things that creep upon the earth, and all the men that are upon the face of the earth, shall shake at my presence, and the mountains shall be thrown down, and the steep places shall fall, and every wall shall fall to the ground.

Whatever damage radiation has wrought, human habitation has caused far greater destruction. Indeed, in areas outside the zone or nature reserves, populations of elk and wild boar underwent steep declines, as major socioeconomic changes after the fall of the Soviet Union worsened rural poverty and crippled wildlife management.

We have less than we had before, and most of them are in fairly steep decline.

But that basic math accounts both for the steep slope and for the long, flat tail.

The mountains melt under him, and the valleys split apart, like wax before the fire, like waters that are poured down a steep place.

The mountains melt under him, and the valleys split apart, like wax before the fire, like waters that are poured down a steep place.

Pride goes before a fall.