"Collectively these pieces of evidence do suggest a new mood of caution in the housing market and argue strongly in favour of the MPC avoiding a GUNG HO approach to interest rates," said Investec economist Philip Shaw.
(BBC News))
--- BP chief GUNG HO on India, RIL gas field (Times of India)
Did you know?
gung ho idiom
- extremely enthusiastic about doing something, especially going to war
(Cambridge Advanced Learner's Dictionary)
--- Gung ho is American slang for "enthusiastic" and was coined by United States Marine Corps Major Evans Carlson. As legend has it, Major Carlson picked up the phrase from a New Zealand friend, Rewi Alley, one of the founders of the Chinese Industrial Cooperatives.
Carlson explained in a 1943 interview: "I was trying to build up the same sort of working spirit I had seen in China where all the soldiers dedicated themselves to one idea and worked together to put that idea over. I told the boys about it again and again. I told them of the motto of the Chinese Cooperatives, Gung Ho. It means Work Together-Work in Harmony...."
"Gung ho" is an anglicised pronunciation of "gōng hé", the shortened version of gōngyè hézuòshè, the slogan of the Chinese Industrial Cooperatives, which was abbreviated as INDUSCO in English.
Carlson used gung ho during his (unconventional) command of the 2nd Marine Raider Battalion. From there it spread throughout the U.S. Marine Corps (hence the association between the two) and into American society as a whole when the phrase became the title of an exciting 1943 war film about the 2nd Raider Battalion's raid on Makin Island in 1942 that emphasised savage combat to revenge Pearl Harbor.