Word: almost
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Dates: during 1970-1979
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...fact, the rising stakes in the Iranian mess are almost certain to put alarming new stresses on both the U.S. economy and the world financial system. Asserts Economist Otto Eckstein, president of Data Resources Inc.: "The direct impact of the U.S.'s actions is obviously small. But the unfortunate experience of the past few years has been that every political problem involving an energy-producing nation ultimately converts itself into a further upset in the oil market and a further upset in prices...
...which is still hurting from the two-month loss of Iranian crude earlier this year, almost any new interruption in supply, no matter how modest or brief, will lead to tighter markets and higher prices. In their present jittery state, Americans are ready to start topping off gas tanks for almost any reason. Not only does the memory of a summer spent in gas lines remain fresh and infuriating, but so does the specter of the 1973 Arab embargo, which ushered in the age of energy upset...
...impact on oil inflation and the world economy would be severe. U.S. consumer prices would continue rising at a dizzying double-digit pace, forcing the Federal Reserve to stick by its anti-inflation policy of sky-high interest rates much longer than expected. The almost inevitable result: a deeper recession than so far forecast. Despite slumping growth, the nation's oil import bill, which is projected to total $61 billion this year, would leap to $96 billion in 1980. That in turn would keep the dollar's value dropping, while provoking yet more demands by oil states...
...almost all have shuttered their plants and offices, or turned them over to local workers to run, and brought their U.S. employees home. Johnson & Johnson's plant in Tehran, which made baby products, was expropriated in August. GM still claims a minority interest in a Tehran auto factory, but it has been run by Iranians since GM pulled out the last five Americans and a Swiss a year ago. Last December Du Pont closed its fiber plant in Isfahan...
...danger that the spectacle of youthful radicals, backed by an aged and atavistic theocrat, humiliating and terrorizing American diplomatic personnel will have become a symbol of U.S. weakness. On the battlefield of domestic politics, the past two weeks offer Jimmy Carter's bi-partisan legion of opponents an almost irresistible target for sniping. All a skillful stump speaker has to do is lament "the decline of American power and prestige," and his listeners will grit their teeth at the memory of Uncle Sam, a goat's skull for a head, burning in effigy in Tehran while the perpetrators...