Pessimism
in sentence
165 examples of Pessimism in a sentence
The new
pessimism
comes not from Marxists, who have always looked for telltale signs of capitalism’s collapse, but from the heart of the policymaking establishment: Larry Summers, former US President Bill Clinton’s Secretary of the Treasury, and chief economist of almost everything at one time or another.
Such
pessimism
is surely one of the reasons why real (inflation-adjusted) interest rates remain extremely low, even if the bellwether US ten-year bond rate has ticked up half a percentage point in the last few months.
If supply-side
pessimism
is appropriate, the recent massive tax and spending packages in the United States will likely do much more to raise inflation than to boost investment.
In any case, the focus of economists’
pessimism
is long-term growth.
One reason for this is widespread
pessimism
about Japan’s economy, reinforced by volatility in China, monetary tightening in the United States, and the collapse in world oil prices.
The point is not merely to make ourselves feel a little better, but rather to confront one of the world’s gravest threats: the widespread
pessimism
that today’s problems are too big to be solved.
But their
pessimism
is hardly groundless, given that the United Arab Emirates has already signed a similar agreement with the US declaring that it would not produce nuclear fuel.
For all the
pessimism
of the past few years, Europe is far from being a spent force.
Pessimism
about employment is alarmingly high among young people, while corruption and government mismanagement are regarded as being widespread.
Pessimism
about slow national recoveries in the developed world is causing analysts to conflate poor domestic and regional governance with poor global governance.
In a sea of
pessimism
about democracy in the EU’s neighborhood, some winds are still blowing in the right direction.
The Brussels elites are not likely to admit this fact without further ado: their rhetoric still oscillates between doom-and-gloom
pessimism
and a kind of pro-European PR that is concerned only with how best to “sell” the Union to Europe’s citizens.
They could oppose their “positive energy” with the
pessimism
dominating European minds.
The key reason for increased
pessimism
is that the government stimulus programs that raised spending since the summer of 2009 are now coming to an end.
This deep
pessimism
militates against any public debate or reform, and exaggerates the importance of the current political crisis.
Dire
pessimism
has become permanent, making consensus nearly impossible to reach – an impasse made worse by the under-development of civil society in France.
Before succumbing to pessimism, however, there is something else to consider.
It is absurd to suggest that
pessimism
about the relative prosperity of America and, still more, of Europe can be laid to rest by a few years of rising stocks.
Just as last year when there was unwarranted growth
pessimism
in Europe, this year there is unwarranted growth euphoria.
A failure to take Palestinian domestic factors sufficiently into account is the root cause for
pessimism.
Of course, some of the
pessimism
arises from the weakness of Europe, which has agreed only that the European Central Bank be lender of last resort; and some stems from recognition of the limits of quantitative easing.
In part, we are victims of a self-fulfilling
pessimism
– the view that a debt overhang dooms us to unemployment and stagnation, with nothing to be gained by attempting to use fiscal expansion or monetary innovation to counter it.
We asked respondents to indicate how much control they had over their lives and how optimistic they were about the future, using a scale on which ten indicated a highly optimistic sense of control and one a deep level of powerlessness and
pessimism.
The results for extreme
pessimism
were skewed in the opposite direction: 14% of Sunnis thought things were as bad as could be, while only 2% of Kurds and 3% of Shi’ites shared this opinion.
Of course, all things are not equal, so another interpretation is that the current equilibrium exchange rates will decline further, reflecting the market’s
pessimism
about the UK economy’s supply-side outlook and future productivity growth.
But many Europeans’ sunny view of the region has yielded to lowering clouds of
pessimism.
During the financial crisis and recession of 1825-1826, a central bank – the Bank of England – intervened in the interest of financial stability as the irrational exuberance of the boom turned into the remorseful
pessimism
of the bust.
One big source of
pessimism
has been the idea that we are running out of investment opportunities – and have been since before the 2008 crash.
But market
pessimism
did not last long.
Often the choice depends less on a rational assessment of similarities and differences than on gut feelings, proclivities to optimism or pessimism, or political orientation.
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