I think that we are now in a period of readjustment.
Desperate for hard currency, each has been forced into structural-readjustment programs, which entail strict and painful austerity measures, in order to obtain loans from the World .
In the new jargon, a recession can be a "rolling readjustment," a "correction," a "slippage," an "easing," a "mild dip," a "downswing," a "normal adjustment," a "leveling off," a .