There's no denying that the worse the devaluation, the worse the economic devastation.
Today we, too, see the signs of nihilism the rampant political corruption, the economic devastation, and the deterioration of the independent, proud character of the American people.
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The credit crisis triggered a series of unprecedented spending measures from the United States and foreign governments to rescue the financial sector and avoid complete economic devastation.
Washington forced Israel to withdraw from Sinai and it threatened Britain with economic devastation until then-prime minister Anthony Eden agreed to remove British forces from the area.
This was economic devastation, again, unseen since the late 1920s.
The results of these efforts are that nature's fury may not be subdued, but the cost in terms of human lives and economic devastation can be substantially reduced and our capacity to rebuild afterward significantly enhanced.
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"This resolution of criminal allegations and civil claims against Transocean brings us one significant step closer to justice for the human, environmental and economic devastation wrought by the Deepwater Horizon disaster, " said US Attorney General Eric Holder.
Ever since the devastation economic as well as human on the island, radical Islam in Indonesia has become increasingly unpopular, to the point where tackling it head on presents little threat to the strongly nationalist president, Megawati Sukarnoputri.
There is much that Japan can be proud of since 1945 -- rapid recovery from war devastation, adopting a pacifist Constitution, the economic miracle, achieving the best living standards in the region, creating a robust democracy in a relatively egalitarian society, and promoting regional economic development through massive aid and technical cooperation.
And finally, Nevada has not escaped the wider devastation that's ripped through the financial markets and the economic fabric of our country a whole, as credit became scarce and consumer spending dropped and businesses were forced to close their doors.
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