Moreover, as the Reinharts show, a big part of the problem is that capital flows are endemically boom-bust: money floods in and out.

ECONOMIST: Economics focus

The northern part of South America has been sporadically or endemically affected by foot-and-mouth outbreaks in the past year, with northern areas of Brazil, especially, recently in the spotlight.

CNN: Foot-and-mouth virus: A global dilemma

And with each cycle of growth, and each cycle of financial constraints, we endemically and serially exhaust easy and cheap mines, and then under-invest in finding and opening new ones.

FORBES: Magnetic North: The Canadian (Mining) Miracle

If China, Japan or the assorted despots of the Muslim world are ever to challenge the United States for supremacy, they will have to take a long hard look at their endemically weak societies of silent conformists.

ECONOMIST: Quid pro quo