Anecdotally, women have played a part in China's market manias.
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His drug use has sent him reeling between manias and stupors.
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All those previous manias ended in tears as cooler heads eventually prevailed.
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ICO mania will no doubt run its course, as all such financial manias do.
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LONDON (Reuters Breakingviews) - The language commonly used to describe speculative manias is borrowed from epidemiology.
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Manias are as old as finance, and economists have devoted plenty of time to studying them.
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In the first four, financial manias erupted, until the bubbles burst and led to populist uprisings.
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Reporting by Carl O'Donnell and Tamara Manias in Bengalaru; editing by Marguerita Choy and Bill Berkrot
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The focus will be on your long-term goals and not short-term headlines or manias.
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In the past, manias have been triggered by excitement about canals, the telegraph and the automobile.
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It's fascinating to me that we can continue to be seized by manias at any given time.
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"Manias are expressions of positive social mood," said Matt Lampert, director of research at the Socionomics Institute.
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One of the earliest speculative manias ensued: the word "millionaire" was coined as the Mississippi shares soared in price.
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Consider what history will surely record as one of the most absurd speculative manias of all time: the cryptocurrency bubble.
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The "most important" chapter, as Bernstein says in his 2002 book "The Four Pillars of Investing," is a history of manias.
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One of the firms, Paragon, is working to legalize cannabis -- proving that it's possible to combine two investing manias in one company.
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"Market bubbles and manias exhibit the same pattern of investors acting 'colorblind in a sea of red flags,' followed by a crash."
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European Central Bank board member Benoit Coeure said there was a growing prevalence of poor quality data, which risks fuelling economic manias and panic.
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European Central Bank board member Benoit Coeure said there was a growing prevalence of poor quality data which risks fuelling economic manias and panics.
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Their 2017 book discusses how to value cryptocurrencies, when to invest, and "tips to navigate inevitable bubbles and manias," according to the book's website.
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But a bear market is really about cycles and manias, and then things one-by-one rolling over and the market getting narrower and narrower.
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Not everyone with bipolar illness shows such distinct manias and depressions, but until relatively late in his life, my dad showed this extreme, classic pattern.
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Speculators in tulip bulbs and in all the other great manias have learned the hard way that in investment to be early is to be wrong.
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Analysts have pointed out, though, that compared with past manias — in particular the dot-com bubble — the recent surge in technology stocks stands on firmer ground.
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Though the metamorphosing dress (by the costume designer Christopher Oram) is delightful, the other transformations, especially whenever Elsa gets into one of her ice manias, seem labored.
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"Actions by economic agents could become less anchored to actual activity and more prone to manias and panics, with obvious implications for economic and financial stability," he added.
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Charles Krauthammer, a political columnist, trained in psychiatry at Harvard; his 1978 paper on manias associated with physical illness or drugs has been widely cited in medical literature.
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Years of investment manias and financial machinations that powered the job market have lost potency, exposing longstanding downsides of trade that had previously been masked by illusive prosperity.
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Steve Eisman, the investor whose forecast of the financial crisis was depicted in "The Big Short," is still finding problematic stocks and investing manias in the financial markets.
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As Charles Kindleberger explained in his book "Manias, Panics and Crashes", enthusiasm for new markets or technologies frequently results in excessive optimism, which ultimately collides with reality in a spectacular crash.
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Young children, however, did not exhibit classic manias, the studies found, and those who were given the diagnosis so early rarely, if ever, went on to develop full-blown adult bipolar disorder.
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The stock market is now 60 percent larger than the American economy, a scale it has reached only twice in the past century, during the manias of the 1920s and late 1990s.
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Family Matters Siddhartha Mukherjee, in his article on genetics and mental illness, reflects that our psychoses, anxieties, and manias, however destructive, are inextricable parts of our identity ("Runs in the Family," March 28th).
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About eight years of the run probably went into just digging out of that hole, says Kenneth Rogoff, a Harvard professor and co-author of This Time is Different, a history of market manias.
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These things do tend to follow a prescribed sequence of events, one that financial experts Charles P. Kindleberger and Robert Z. Aliber described in their book Manias, Panics and Crashes: A History of Financial Crises.
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"Bubbles nearly always occur when there is something new, or relatively new in the economy," UBS's wealth management team wrote in a briefing to clients last week, invoking one of history's most famous speculative manias.
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It's no coincidence that we keep grappling with the language for how to cultivate a good and productive life (witness the successive manias for wellness in the form of hygge, Marie Kondo, tech, freedom from tech).
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Durkheim was referring specifically to religious experience, and the collective effervescence of a faith community united in worship, but the concept transfers to all sorts of settings and is particularly useful in helping to understand sporting manias.
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The speed with which the bubble inflated and then popped invites comparisons with past financial manias, such as the Dutch tulip craze in 214-22 and the rise and collapse of the South Sea Company in London in 22017.
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We've been through the netbook and e-reader manias, followed by the tablet deluge, the 3D TV moment, the 2-in-1 laptop transformation, the flood of Bluetooth speakers and headphones, and, most recently, the Alexa-fication of everything.
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Courtesy Giacometti Foundation Giacometti's uniqueness was detectable already, in the early nineteen-thirties, when he embraced the sexual manias of Surrealism and veered between the opposed coteries of the movement, led by the sentimental André Breton and the cynical Georges Bataille .
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"A bear market is really more about cycles and manias and then things one by one rolling over and the market getting narrower and narrower, and I think all of that has been happening over about an 18-month time period," Gundlach said.
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My research shows that during the 30 worst debt manias of the past 20143 years, private debt — which in China is often held by local governments — rose over five years by at least 40 percentage points as a share of gross domestic product.
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These manias had always ranged freely across the political spectrum, but in the postwar period, Hofstadter wrote, "we have seen angry minds at work mainly among extreme right-wingers" — from Joseph McCarthy's congressional witch hunts to the John Birch Society to Barry Goldwater's Sun Belt insurrection.
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Next week, it's a good bet that the stadium will pass, simply because stadium politics — whether in Las Vegas or San Diego — bring out two of America's deepest manias: sports fanaticism, and the feeding frenzy set off whenever wealthy investors dangle money in front of politicians.
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What this points to is the need for an energetic public case for a conservative politics as an alternative to their case for a revolutionary politics; for Republicans who don't share Mr. Bannon's manias to say so and to offer an alternative, in the area of policy but also in temperament and disposition.
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There are some regional and generational specificities to his various manias, but there is nothing that is not mediocre or entirely predictable, here; he is in every way a replacement-level codger, and there is some downmarket version of him muttering know-nothing bitchery into a tabloid in every diner in every town from sea to shining sea.
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Sports brings this out of people, and football really brings it out of people, and the people with the most invested in football's particular manias: the ones in the owner's suites, the people those owners empower to do the hiring and firing and negotiating and other administrative work, the people who make their livings translating and touting the wisdom of whatever those powerful people do.
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The business of things is business, and if that has something to do with the manias that set our politics and culture ablaze—all that displaced anxiety and shame just gets moved from one place to another, a box of oily and flammable rags repeatedly and tragically mistaken for a prized heirloom—it has more to do with the way things converge towards the predictable down here at eye level.
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Manias was a member of the Greek bridge national team. He competed at both the 1976 and 1980 editions of the World Team Olympiad.Panayiotis MANIAS.
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Social manias are mass movements which periodically sweep through societies. They are characterized by an outpouring of enthusiasm, mass involvement and millenarian goals. Social manias are contagious social epidemics, and as such they should be differentiated from mania in individuals. Social manias come in different sizes and strengths.
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Manias died in Piraeus, Athens, Greece, on 10 July, 2020, at the age of 87, due to drowning.
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On 17 May 2019, Manias signed a three years' contract with Ekstraklasa club Pogoń Szczecin for an undisclosed fee.
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Michalis Manias (; born 20 February 1990) is a Greek professional footballer who plays as a striker for Cypriot club Anorthosis.
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Manias began his career as an athlete competing in track competitions. He competed in both the high jump and the long jump.Μανιάς Παναγιώτης .
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Manias started his career in AE Moschatou and in Rouf, before being transferred to Apollon Smyrnis. After an impressive 2012–2013 season scoring 18 times, he signed for Aris. At Aris, it took him 13 match days to score his first goal, the equalizer in a 2–2 draw with Panthrakikos. Manias finished the season with 7 goals and 1 assist in 33 games.
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Dromomania is one of a constellation of social constructs to describe contemporary nomadic lifestyles, along with bum, brodyaga, hobo, vagrant, divagate, itinerant, vagabond, transient, tramp, rogue, wanderer Within this constellation, dromomania is an extreme pathologizing term. In the early 20th century, dromomania was classified as one of a number of criminal manias, which were understood to involve irresistible compulsions to act without any motivation and sometimes against the preferences of the actor. Other such criminal manias were kleptomania, pyromania, and dipsomania. The American Prison Association described all of these criminal manias as common among people with psychopathic personalities, who were also described as lacking in purpose and ambition.
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He had many good performances during the year like scoring against PAOK, a brace against Panthrakikos and the winner over Olympiakos. Manias was considered a major hit at PAS Giannina with 9 goals and 2 assist in 34 games. Manias started the 2015–16 campaign as the leader of the club's offence. At the end of the season he had 10 goals and 3 assists, attracting the interest of the German club Augsburg with his contract expiring at the end of season.
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Panagiotis "Panos" Manias (, alternate spelling: Panayiotis, 1933 – 10 July 2020) was an international basketball player, track athlete and bridge player from Greece. During his club playing career, he played at the power forward position.
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TORRES AR, SHAVITT RG, MIGUELEC. Medos, dúvidas e manias: orientações para pessoas com transtorno obsessivo-compulsivo e seus familiares. Porto Alegre : Artmed, 2013.Google Books HOUNIE AG, MIGUEL EC. Tiques, cacoetes, Sindrome de Tourette.
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He was considered as one of team's best players in a season where they managed to collect enough points to stay in the Superleague. At the end of the season Manias was released two years early from the end of his contract because Aris self relegated them self to the 3rd division and he requested to have his contract terminated, as he wanted to continue playing in the top division. Manias signed a two-year contract with PAS Giannina. He scored his first goal in the 12th round against Niki Volos, also getting an assist in the same game.
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However, it is difficult to predict whether an asset's price actually equals its fundamental value, so it is hard to detect bubbles reliably. Some economists insist that bubbles never or almost never occur.Peter Garber (2001), Famous First Bubbles: The Fundamentals of Early Manias. MIT Press, .
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Manias was also a member of the senior men's Greek national basketball team. With Greece, he competed at the following tournaments: the 1951 Mediterranean Games, the 1951 EuroBasket, the 1952 Summer Olympic Games, and the 1955 Mediterranean Games, where he won a bronze medal.
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He spent another several months frequenting Berlin University lectures. It was there that he first met a future enemy, the poet-mathematician Ion Barbu. The latter left a corrosive record of their first encounter, dismissing Ralea as a "clown" with "aristocratic manias".Nastasă (2010), p.
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There was also a difference in the size and length of the tongues on each boot, compared to the Mania and the achillies protector on the heel was not plastic. Differences in the studs and colouring of the under sole are also evident, although the differences can be hard to notice at a glance, the Manados are often mistaken for Manias even though the recommended retail price of the Manados was £60, opposed to the £120 of the Manias. With the difference in leather and other features, the Predator Mania FG is intended as the peak of the Predator range. With the line discontinued in late 2003, the boot has long been out of stock.
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Some social manias fail to 'catch fire', while others persist for hundreds of years (although sometimes in severely attenuated form). Common to all is a vision of salvation, a new way of life, which if realized would radically change everyday life, ushering in a new world of freedom and justice.
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"The Golden Five" consisted of Themis Cholevas (PG), Dinos Papadimas (SG), Mimis Stefanidis (SF), Panos Manias (PF), and Aristeidis Roubanis (C).Πήραμε τη ζωή μας λάθος . "The Golden Five" dominated not only Greek club basketball, but European club basketball in general. The Panellinios team also headlined the Greek 1952 Summer Olympics basketball team.
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Ian Penman (born 1959) is a British writer, music journalist, and critic. He began his career as a writer for the NME in 1977, later contributing to various publications including Uncut, Sight & Sound, The Wire, The Face, and The Guardian. He is the author of Vital Signs: Music, Movies, and Other Manias (1998, Serpent's Tail).
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In December, she was, once again, awarded by TV Mania as "The Sexiest TV Celebrity". In the meantime, she hosted Extravacanzza. 2004 began with a new challenge: "Viata in Direct" (Life Live) show. In February 2004 Viva designated her again as the "Sexiest Celebrity" and in December 2004 she was once more named TV Manias "Sexiest TV Star".
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Kindleberger and Aliber (2005), op. cit., pp. 54–58. 'Of manias, panics, and crashes', obituary of Charles Kindleberger in The Economist, 17 July 2003. Early examples include the South Sea Bubble and Mississippi Bubble of 1720, which occurred when the notion of investment in shares of company stock was itself new and unfamiliar,Kindleberger and Aliber (2005), op. cit.
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Charles Poor "Charlie" Kindleberger (October 12, 1910 – July 7, 2003) was an economic historian and author of over 30 books. His 1978 book Manias, Panics, and Crashes, about speculative stock market bubbles, was reprinted in 2000 after the dot-com bubble. He is well known for hegemonic stability theory. He has been referred to as "the master of the genre" on financial crisis by The Economist.
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On 6 October 2018, he opened the score in a 1–1 home draw against Panathinaikos. On 22 October 2018, he scored in a 3–2 away loss against Atromitos. On 24 November 2018, in new coach Georgios Paraschos’ debut, Manias scored a goal in the last minute of the game sealing a vital 2–0 home win game in his club's effort to avoid relegation.
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Plato distinguishes four kinds of inspiration or "mania" in the dialogue Phaedrus. The word "mania" signifying that a person is caught up in a state transcending the individual consciousness. In other dialogues, Plato identifies other manias besides the four given in Phaedrus. Anger, for example, is a mania because a man may become inspired by Mars in battle and perform deeds of superhuman strength.
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Li produces many metabolic and neuroendocrine changes, but no conclusive evidence favors one particular mode of action. For example, Li interacts with neurohormones, particularly the biogenic amines, serotonin (5-hydroxy tryptamine) and norepinephrine, which provides a probable mechanism for the beneficial effects in psychiatric disorders, e.g. manias. In the CNS, Li affects nerve excitation, synaptic transmission, and neuronal metabolism.Poisindex, Thomson Micromedex 2005 Li stabilizes serotoninergic neurotransmission.
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The "macchietta" consisted in comic musical monologues caricaturing stock characters. It was generally committed to the observation of reality, and it sketched characters featuring particular defects or manias, which were further deformed and exaggerated for comical and satirical effects. Every monologue had some music serving as backdrop for the whole performance and the acting was interspersed by brief couplets sung by the comedian.Enzo Giannelli. "Macchietta".
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Panellinios B.C. was founded in 1929 and has been the Greek League champion six times in the years 1929, 1939, 1940, 1953, 1955, and 1957. In the early 1950s era the team was called "The Golden Five", referring to players Panagiotis Manias, Themis Cholevas, Kostas Papadimas, Mimis Stefanidis, and Aristeidis Roubanis. They dominated not only Greek basketball, but European basketball in general. The Panellinios team headlined the 1952 Greek Olympic Team.
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Lewis sold his first non-fiction work—a quiz on the varieties of manias—to Leisure magazine for $1 in 1939. A fifteen-year magazine writing career followed. A self-confessed "terrible student," Lewis spent nine years dropping in and out of City College of New York before earning a master's from Columbia University. While a student at Columbia he wrote his first book: a sixth-grade textbook entitled Journeys Through Wordland in 1941.
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Manias was a member of the Panellinios Basketball Club and its famous 1950s era "Chrysi Pentada", or “The Golden Five” in English. With Panellinios, he won 3 Greek League championships, in the years 1953, 1955, and 1957. He also won two European Club Championships with the club, as he won the 1955 Brussels Basketball Tournament and the 1956 San Remo Basketball Tournament. While he was also a runner-up at the 1954 San Remo Tournament.
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The earliest studied cases linked with epidemic hysteria are the dancing manias of the Middle Ages, including St. John's dance and tarantism. These were supposed to be associated with spirit possession or the bite of the tarantula. Those afflicted with dancing mania would dance in large groups, sometimes for weeks at a time. The dancing was sometimes accompanied by stripping, howling, the making of obscene gestures, or even (reportedly) laughing or crying to the point of death.
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Kindleberger wrote 30 books, one, International Short-Term Capital Movements, in 1937 and the other 29 beginning in 1950. As economic historian Kindleberger used a narrative approach to knowledge and not based on mathematical models to prove his point. In the preface to The Great Depression 1929-1939, he wrote "It's the story simply told, without tables of squares..." His book Manias, Panics, and Crashes is still widely used in programs Master of Business Administration (MBA) in the United States.
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The DAT is technically a hypothesis, not a theory. While first mentioned strictly by name in relation to PAM in 2003, the dumb agent theory was originally conceived (as the Dumb Smart Market) by James Surowiecki in 1999.The Dumb Smart Market - James Surowiecki - Slate Magazine Here, Surowiecki differentiated from the EMH stating that it "doesn't mean that markets are always right." Instead, he argues that markets are subject to manias and panics because "people are always shouting out" their stock picks.
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They have made many appearances on Brazilian television. Among their hits are "Caroline", "Quero Ver Você Chorar," "Somente Você," "Chega", "Cigana," "Quando Te Encontrei," "Cheia de Manias," "Doce Paixão," and "Me Leva Junto com Você". The group's music is perhaps best known to the English-speaking world as a result of a slipup at a Brazilian CD pressing plant in 1999. Several hundred copies of AOL CD-ROMs were accidentally pressed with a Raça Negra album instead of the company software.
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An unfinished desert level from Sonic 2 (top) served as inspiration for Sonic Manias Mirage Saloon Zone (bottom). Development of Sonic Mania began in 2015, led by Australian programmer Christian "Taxman" Whitehead. Whitehead was a prominent member of the Sonic fangame community, and had previously been contracted by Sega to develop remastered ports of Sonic the Hedgehog, Sonic 2, and Sonic CD for mobile phones. After developing the game for a few months, Whitehead presented a prototype, which he called Sonic Discovery, to series producer Takashi Iizuka.
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Many of the characters in Vasquez's cartoons are usually highly geometric and thin, nearly to the point of being stick figures with heavy black outlines. The protagonists in his comics are typically insane characters who live in dysfunctional societies, and whose manias are able to speak through inanimate objects. His storylines tend to follow the basic black comedy formula. His art style is very edgy and eccentric, and smiley faces are often found in his artwork, trying to evoke an ironic sense of happiness in a world of chaos and darkness.
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A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults.Charles P. Kindleberger and Robert Aliber (2005), Manias, Panics, and Crashes: A History of Financial Crises, 5th ed.
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On 8 and 10 September 1829 Burn's play, The Bushrangers, was acted at the Caledonian Theatre, Edinburgh, with success. Early in January 1830 his farce, Manias and Maniacs (afterwards renamed Our First Lieutenant) was played at the same theatre for several successive nights. In 1830 Burn returned to Van Diemen's Land and revisited England with his mother in 1836. He remained until 1840; the dedication of his pamphlet Vindication of Van Diemen's Land is dated 18 February 1840, and in 1841 he brought out another pamphlet, The Chivalry of the Mercantile Marine, published at Plymouth.
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In his last novel he wrote: ″Each of us who has been on this earth is a tiny enigma frequently unspoken for various reasons and is just a one-way passenger who comes and goes seldom leaving some tangible trail. All of us in the final reckoning, no matter how vain, are merely dust for the wind, to be blown about whilst yet alive along with all our absurd passions, misapprehensions, intolerances, manias for achieving justice, fears, tom-foolery....″Stamatov,V. Hostage and fugitive Fatherland 1997 p.7 He died in Sofia, Bulgaria in 1998.
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Loren Pankratz (born February 27, 1940) is a consultation psychologist at the Portland VA Medical Center and professor in the department of psychiatry at Oregon Health & Science University (OHSU). Following his retirement in 1995, he maintained a forensic practice until 2012. He testified nationally on cases of Münchausen syndrome by proxy (MBP), often defending mothers accused of harming their children. He has written and lectured on a wide variety of unusual topics such as dancing manias, spiritualism, Greek oracles, ghosts, plagues, historical enigmas, mesmerism, moral panics, con-games, self- deception, faith healing, self-surgery, miracles, ethical blunders, quackery, and renaissance science.
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Amiga Manias Ashley Cotter-Cairns praised the fast gameplay, sound and graphics but criticized the longevity of the game, stating that "Dynablaster won't hold your attention for very long. But get some friends and a few four packs in and you're guaranteed a great evening's bombing." Amiga Powers Matt Bielby highly praised the multiplayer aspect, regarding it as a "PC Engine perfect conversion" but noted the title's high retail price due to the included multitap adapter. CU Amigas Dan Slingsby praised the graphics, sound, longevity, playability and frantic multiplayer but admitted that the stages in single player mode eventually become boring.
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The Bank of Amsterdam became a model for the functioning of a bank in the capacity of monetary exchange and started the development of central banks.Charles P. Kindleberger, Robert Z. Aliber, Robert Solow Manias, Panics and Crashes: A History of Financial Crises Palgrave Macmillan, 27 September 2011 Retrieved 2012-05-15 An early central bank was the Sveriges Riksbank, established in 1668, although this was short-lived.Robert C. Effros, International Monetary Fund. Legal Dept, IMF Institute Current Legal Issues Affecting Central Banks, Volume 4 International Monetary Fund, 3 April 1997 Retrieved 2012-05-15 The sealing of the Bank of England Charter (1694).
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The run on the Montreal City and District Savings Bank, with the mayor addressing the crowd. Printed in 1872 in the Canadian Illustrated News. Bank runs first appeared as part of cycles of credit expansion and its subsequent contraction. In the 16th century onwards, English goldsmiths issuing promissory notes suffered severe failures due to bad harvests, plummeting parts of the country into famine and unrest. Other examples are the Dutch Tulip manias (1634–1637), the British South Sea Bubble (1717–1719), the French Mississippi Company (1717–1720), the post- Napoleonic depression (1815–1830) and the Great Depression (1929–1939).
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Eleutheromania, or eleutherophilia is "a mania or frantic zeal for freedom".The French Revolution - Page 242, A.H.R. Ball - 2005 Some usages of the term make it sound like it could be used in a medical context with a hint of an irrational disorder, such as John G Robertson's definition that described it as a mad zeal or irresistible craving for freedom.John Robertson, An Excess of Phobias and Manias, 2003 p 75 However other usages assign to the term normal human emotional responses such as a mere passion for liberty.Liberty - Volumes 235-312 - Page 361, Benjamin Ricketson Tucker - 1970 Individuals with this condition are called eleutheromaniacs.
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The first great club team in the history of Greek basketball was the Greek League club Panellinios. Panellinios featured 5 great players, known as the "Golden Five" ("Chrysi Pentada"), or "The Fabulous Five":Athens basketball: Devotion through the decades. Themis Cholevas (PG), Dinos Papadimas (SG), Mimis Stefanidis (SF), Panos Manias (PF), and Aristeidis Roubanis (C).Πήραμε τη ζωή μας λάθος .. The Golden Five, and its head coach, Nikos Nisiotis, was considered to be one of the best teams in Europe at the time in the 1950s, as it won the invitational European club tournament 2 out of 3 years, and made the final in the other year.
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He performed in Frank O'Hara's Love's Labor and several of Andy Warhol's earliest films including: Haircut (No. 1), Kiss, The Thirteen Most Beautiful Boys, and Rollerskate (also known as Dance Movie). Herko was associated with a group of habitués to Warhol's Silver Factory on 47th Street including Ondine, Rotten Rita, and Billy Name. Nicknamed "mole people" on account of their intensive speed usage and subterranean habits — "mole because they were known to be tunneling towards some greater insanity that no one but this inner circle was aware of" — members of this group performed their manias and drug routines in a life/art blurring spectacle in crash pads and stages throughout the city.
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Hedonophobia is an excessive fear or aversion to obtaining pleasure.A Nurse's Guide to Women's Mental Health - Page 209, Michele R. Davidson, 2012 The purported background of some such associated feelings may be due to an egalitarian-related sentiment, whereby one feels a sense of solidarity with individuals in the lowest Human Development Index countries.An Excess of Phobias and Manias - Page 96, John G. Robertson - 2003 For others, a recurring thought that some things are too good to be true has resulted in an ingrainedness that they are not entitled to feel too good.Multi-Secularism: A New Agenda - Page 69, Paul Kurtz - 2014 Sometimes, it can be triggered by a religious upbringing wherein asceticism is propounded.
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The first volume begins with a discussion of three economic bubbles, or financial manias: the South Sea Company bubble of 1711-1720, the Mississippi Company bubble of 1719-1720, and the Dutch tulip mania of the early seventeenth century. According to Mackay, during this bubble, speculators from all walks of life bought and sold tulip bulbs and even futures contracts on them. Allegedly, some tulip bulb varieties briefly became the most expensive objects in the world during 1637. Mackay's accounts are enlivened by colorful, comedic anecdotes, such as the Parisian hunchback who supposedly profited by renting out his hump as a writing desk during the height of the mania surrounding the Mississippi Company.
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Henry George claimed this would have many benefits, including the reduction or elimination of tax burdens from poorer neighborhoods and agricultural districts; the elimination of a multiplicity of taxes and expensive obsolete government institutions; the elimination of corruption, fraud, and evasion with respect to the collection of taxes; the enablement of true free trade; the destruction of monopolies; the elevation of wages to the full value of labor; the transformation of labor-saving inventions into blessings for all; and the equitable distribution of comfort, leisure, and other advantages that are made possible by an advancing civilization. In this way, the vulnerability that market economies have to credit bubbles and property manias would be reduced.
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Ravi Batra is the author of six international bestsellers, two of which appeared on The New York Times list. In 1980 he published Muslim Civilization and the Crisis in Iran where he predicted the fall of the Shah and the rise of a class of intellectuals, or Mullahs, followed by a drawn out war with Iraq. In 1984, he penned what was to become his first bestseller, first under the title Regular Cycles of Money, Inflation, Regulation and Depressions. A central theme of this book was that the mal-distribution of wealth, which Batra found to be the cause of past episodes of financial speculative manias that were followed by a crash and depression.
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Panati has written a series of books about the origins of ordinary, everyday things, beginning in 1984 with The Browser’s Book of Beginnings. He wrote a second book, Extraordinary Origins of Everyday Things in 1987 that was praised as "excellent bathroom reading". Subsequent books in the series were Panati’s Parade of Fads, Follies and Manias: The Origins of Our Most Cherished Obsessions in 1991, Sacred Origins of Profound Things: The Stories Behind the Rites and Rituals of the World’s Religions in 1996, Sexy Origins of Intimate Things in 1998, and Words To Live By: Origins of Common Wisdom Expressions in 1999. His book Extraordinary Origins of Everyday Things has been described as a "handy reference".
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The construction of canals in Britain was superseded by contracts to construct railway projects from 1830 onward, which developed into the railway manias, and the same term was applied to the workmen employed on building rail tracks, their tunnels, cuttings and embankments. There were 250,000 navvies employed during the apex of British railway expansion efforts. Navvies working on railway projects typically continued to work using hand tools, supplemented with explosives (particularly when tunnelling, and to clear obdurate difficulties). Steam-powered mechanical diggers or excavators (initially called 'steam navvies') were available in the 1840s, but were not considered cost effective until much later in the 19th century, especially in Britain and Europe where experienced labourers were easily obtained and comparatively cheap.
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The cannabis producers' lobby group, however, was proposing the gentler restrictions that apply to alcohol producers: not to appeal to youth and to promote only the brand, not the recreational use of the product. As the stock markets approached the year-end closing in 2017, the price of major cannabis stocks surged but Bloomberg News reported that "some analysts are skeptical about demand projections, and betting against the stocks is difficult to do" because there was "almost no stock left to short, and some investors who have taken short positions in the market have lost money", quoting Ihor Dusaniwsky of S3 Partners (investment analysts) in New York. The BCMI Cannabis Report warned that the boom could "end badly", with the bubble bursting as other industries' "manias" had burst in the past.
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This was one of the earliest modern financial crises; other episodes were referred to as "manias", as in the Dutch tulip mania. The metaphor indicated that the prices of the stock were inflated and fragile – expanded based on nothing but air, and vulnerable to a sudden burst, as in fact occurred. Some later commentators have extended the metaphor to emphasize the suddenness, suggesting that economic bubbles end "All at once, and nothing first, / Just as bubbles do when they burst,"Quote from ' or The One-Hoss Shay, by Oliver Wendell Holmes, Sr. though theories of financial crises such as debt deflation and the Financial Instability Hypothesis suggest instead that bubbles burst progressively, with the most vulnerable (most highly-leveraged) assets failing first, and then the collapse spreading throughout the economy.
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" Mark McKinnon, a former advisor to Republican President George W. Bush, criticized Republican opposition to the project: "And here we are, reinforcing al Qaeda's message that we're at war with Muslims." Another former Bush aide, speechwriter and policy advisor Michael Gerson, agreed that prohibiting the center would "undermine the war on terrorism": > The militants hope, above all else, to provoke conflict between the West and > Islam – to graft their totalitarian political manias onto a broader movement > of Muslim solidarity. America hopes to draw a line that isolates the > politically violent and those who tolerate political violence – creating > solidarity with Muslim opponents and victims of radicalism. Mahmoud al-Zahar, a founding member and leader of Hamas in the Gaza Strip, said of the planned Cordoba House: "We have to build everywhere," and "In every area we have, (as) Muslim(s), we have to pray, and this mosque is the only site of prayer.
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" Physicians have called for more research to better understand the potential benefits of controlled use of medical marijuana; Sharon Levy, director of the Adolescent Substance Abuse Program at Children's Hospital Boston said: > "The AAP strongly supports more cannabinoid research to better understand > both how these substances can be used therapeutically as well as their > potential side effects—which we may well be underestimating...[But] the AAP > does not support 'medical marijuana' laws as they circumvent regulations put > in place to protect patients, and children are a particularly vulnerable > population." Physicians have expressed both positive interest and worry about the sudden explosion of interest in the legalization of medical marijuana and its research, admitting legalization is both "a scientist's dream or a doctor's nightmare." They fear that some parents are too open to trying anything before proper research has been conducted, and that they may be disappointed. They are "alarmed by parallels to past miracle-cure manias later proved false..." and "...wary of the heightened placebo effect in treatments involving children, when reports of progress depend on the view of parents.
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The basic pattern of agitations against folk devils can be seen in the history of witchhunts and similar manias of persecution; the histories of predominately Catholic and Protestant European countries present examples of adherents of the rival Western Christian faith as folk devils; minorities and immigrants have often been seen as folk devils; in the long history of anti- Semitism, which frequently targets Jews with allegations of dark, murderous practices, such as blood libel; or the Roman persecution of Christians that blamed the military reverses suffered by the Roman Empire on the Christians' abandonment of paganism. In modern times, political and religious leaders in many nations have sought to present atheists and secularists as deviant outsiders who threaten the social and moral order. The identification of folk devils may reflect the efforts of powerful institutions to displace social anxieties. Another example of religious and ethnic discrimination associated with Cohen's folk devil theory would be Islamophobia, the discrimination of Muslims and those perceived as being Middle Eastern in origin.
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Drawing on these uses from corporate finance, Hyman Minsky applied the phrase to analyzing speculative bubbles and crashes (Minsky, 1972), using it to characterize a period in a speculative bubble that follows a peak in price, in which the price gradually declines, and which is then followed by a crash in which the price falls precipitously. This analysis was adopted by Charles P. Kindleberger, who in Appendix B of the 4th edition of his book, Manias, Panics, and Crashes (2000) identified 37 out of 47 historical bubbles as exhibiting such a pattern, including most of the more famous ones. Although the phrase was not used, participants in periods of financial distress in early bubbles used a variety of colorful terms and phrases for them, such as "apprehension" or "an ugly drop in the market" during the South Sea bubble in Britain in 1720 (Carswell, 1960, p. 139). Arguably the recent global bubble in financial derivatives exhibited this pattern, with a peak in August 2007, followed by a crash in September 2008.
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Many of the sources telling of the woes of tulip mania, such as the anti- speculative pamphlets that were later reported by Beckmann and Mackay, have been cited as evidence of the extent of the economic damage. These pamphlets were not written by victims of a bubble, but were primarily religiously motivated. The upheaval was viewed as a perversion of the moral order—proof that "concentration on the earthly, rather than the heavenly flower could have dire consequences". Nearly a century later, during the crash of the Mississippi Company and the South Sea Company in about 1720, tulip mania appeared in satires of these manias. When Johann Beckmann first described tulip mania in the 1780s, he compared it to the failing lotteries of the time. In Goldgar's view, even many modern popular works about financial markets, such as Burton Malkiel's A Random Walk Down Wall Street (1973) and John Kenneth Galbraith's A Short History of Financial Euphoria (1990; written soon after the crash of 1987), used the tulip mania as a lesson in morality.
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Due to his interest in shamanism Mark Fornash is the first person to recognize the manias as a single phenomenon patterned after shamanistic practises, and to predict it progression from drumming and dancing to visions, shape-shifting, soul-flying and death. The story follows the progress of the disease through the view points of these characters, as well as: Simon Lingham, ex-husband of Tokomo, and World Health Organization investigator; Sister Vena, a nun in Calcuta who observes extreme stigmata in patients in last stages of the pandemic; Leira Losaba, a police lieutenant in Johannesburg who investigates a series of murders involving shape-shifted people; Cameron Spires, one of the survivors of the car accident at the beginning of the novel, an eccentric billionaire with interests in human longevity and long-term survival. As the pandemic progresses Cameron eventually organizes a conference to pool research, which brings all of the major character together. The pandemic appears to be related to the Tokomo's prion's, but the extreme effects can not be explained.
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