Dismissing the "extreme pessimism expressed by some observers of the new [debt]strategy", the World Bank report found the results of the new Brady plan "encouraging".
Not surprisingly, the bull market rose briskly in the face of such extreme pessimism.
Our present extreme pessimism is merely the mirror image of this earlier extreme optimism.
At the time, a colleague of mine mentioned that DJ would be next and he was roundly mocked for his extreme pessimism.
This might arise out of the extreme pessimism stemming from a Great Depression.
His poems reveal a masculine power and a forceful affirmation of his own individuality, notwithstanding the extreme pessimism that often envelopes them in a voluminous thick black veil.
Yet Greene's extreme pessimism about the prospects of man is not so much the individual blighted by experience as the entire human race 'implicated,' in Newman's words, 'in some terrible aboriginal calamity.'
It makes for a play of extreme pessimism, a hope-dashing experience that suggests that in the face of such desolation, the remedy is not applause, but heavy sedation.
On the other hand, Mansu's problems stem from his father's affiliation with communists, which denies him an education and decent employment and is the root of his extreme pessimism.
When the extreme pessimism or optimism comes into question, the market moves sharply in the opposite direction.