Word: boom
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Dates: during 1970-1979
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...braking effect," he says, "but other economic indicators are quite strong in the U.S., and a cautious balancing should avoid recession." Werner Flandorfer, currency expert of the Bonn Economics Ministry, agrees. "The Fed's action will not have any real recessive effect. It will slow down the boom but will not plunge the country into a recession...
...better pageants, the Queen spoke from a golden throne in the gilded House of Lords, surrounded by such royal functionaries as her Gold Stick in Waiting and the Rouge Dragon Pursuivant. So many ermined peers and bejeweled peeresses were present that a journalistic wag observed there was a "tiara boom today...
...brutal civil war drags on in Rhodesia, lavish farms and country homes can be snapped up for a fraction of their real value. But while the price of these relics of colonial times has plummeted, Rhodesia has experienced a modest boom in memorabilia, as whites wax nostalgic over their country's past. Coins and stamps commemorating Rhodesia's 1965 unilateral declaration of independence from Britain have skyrocketed in value. A set of three coins minted on the first anniversary of independence, originally worth $17, is now selling for $1,400 in Rhodesia. A one-shilling, threepence stamp bearing...
Artworks depicting scenes of Rhodesian history, both glorious and inglorious, are also experiencing a boom. In Salisbury a package of eight reproductions of sketches showing the discovery of Victoria Falls by David Livingstone currently sells for $32. "They'll fetch thousands in years to come," predicted one optimistic Rhodesian dealer. At an exhibition...
Salisbury last July, Artist Ivan Day-Jones sold out all his paintings of scenes of the brutal racial warfare that has savaged Rhodesia in the past decade. The boom is so great that a number of rare items have been stolen from Salisbury's Queen Victoria Memorial Library. One current bestseller: The Valiant Years, a collection of newspaper stories and headlines from 1890 to the present...