Word: brittanic
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...basic commodities are forming or are effectively in place. These are propping up prices, fueling inflation, restricting trade and limiting growth. This does not do Western capitalism's image much good, or help the credibility of Western governments that sometimes quietly encourage the formation of such cartels. Says Brittan: "What kind of picture do we present to the Soviet Union when we preach about competition while at the same time our great industries are unable to stand up to the impact of the import of sandals from Korea...
...doubt among board members that France's new policies will have an impact on European economic thinking. This might be another example of what Tumlir saw as the political habit, exhibited in everything from trade policy to exchange rates, of using "a substitution of incantation for analysis." Brittan, though, perceived a benefit for Brit ish Conservatives. Said he: "What happens in France will make a great deal of difference in the development of British politics during the next few years. I think we must record a vote of thanks to the French for giving us three years of experimenting...
Only a "nasty recession," said Brittan, will bring the reduction in inflation to the 5.5% that Reagan wants by 1984. There was also a feeling that Reagan's policies of high interest rates could cause...
BRITAIN. Prime Minister Margaret Thatcher shows no signs of wavering in her campaign to restore Britain's economic vigor through a tough policy of controlling the growth of money. Though the British G.N.P. declined by 5.5% in 1980, Economist Samuel Brittan of the Financial Times of London expects four more quarters of recession and another 1% drop in national output in 1981. Unemployment, which is currently 8.7%, Britain's highest since the Great Depression, may hit 11.5% by year's end. Says Brittan: "We have been carrying millions of unemployed on the books of firms up until...
Since Roy Brittan, former Bruce Springsteen pianist, and Sid McGinnis, recently on guitar with Peter Gabriel, guested on Making Movies, it's likely they might appear on the road...