Word: boomchik
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Dates: during 1968-1968
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...instead of going into bankruptcy, the Israelis are celebrating what they call a boomchik. Recently, in the midst of the Jews' annual Succoth harvest festival, Finance Minister Ze'ev Sharef officially hailed the end of the three-year economic downturn. "All signs show that we have finally overcome stagnation," he said. "There are no longer any real obstacles to our development...
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