Word: cautions
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Dates: during 1990-1999
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...impetuous '80s are over. The shop-till-you-drop gilded decade of excess, Rolex, baby millionaires and their legions of wannabes has given way to a new age of moderation and caution. Dynasty, meet Roseanne. In its June survey, the Conference Board, which every month measures consumer confidence across the U.S., found people more worried than at any time since 1987. The economic shock therapy that began with the Crash of '87 and continues with the $500 billion savings and loan debacle has given Americans a new appreciation of limits...
...privately held Montgomery Ward (1989 sales: $5 billion), chairman Bernard Brennan sees the new consumer caution in the declining sales of such big- ticket items as appliances and furniture, usually two of his company's strongest categories. Says he: "People are beginning to worry. They are reading more today about factory layoffs and companies failing because of the debt restructuring of the '80s. There's a great deal of unrest out there about job security and even levels...
That kind of caution was not what politicians feared when they agreed to merge the German economies. East Germans had squirreled away some 180 billion ostmarks, which came to roughly $70 billion in new spending power when converted into deutsche marks. To cope with the switch, the Bundesbank shipped 600 tons of crisp new bills -- $15 billion in all -- to 10,000 banks, police stations, post offices and temporary disbursement points...
American officials caution that money alone will not allay Moscow's anxieties. At the summit the Soviets repeated their call for a replacement for both NATO and the Warsaw Pact: a vaguely defined "Greater European Council," which would be part of the 35-nation Conference on Security and Cooperation in Europe. Said Soviet Foreign Ministry spokesman Gennadi Gerasimov: "We want a united Germany to be integrated into an all-European system...
...standing either in Iraq or in the Middle East. Many Western analysts believe Saddam would not be so foolish as to initiate a first strike against Israel, a move that would invite only his destruction. At the same time, they warn that he is capable of vicious retaliation and caution against attempts to isolate him, which might provoke his use of outlawed weapons...