Word: crash
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Dates: during 1980-1989
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...this the Big One? That question resounds these days not only in earthquake- wary Los Angeles but also on Wall Street. Tremors shook the stock market last week, fanning fears that a major correction or a crash may be coming. The Dow Jones industrial average plunged 91.55 points on Tuesday, a record one-day drop. The average also set a mark for a one-week decline: 158.78, to close...
...highest level since early 1986. Even so, the panic fell short of the Big One. Tuesday's drop, though large in point size, represented a market decline of only 3.47% because of the market's high level, compared with a plunge of 12.8% in the Black Thursday crash...
...Asian NICs face pale beside the difficulties plaguing Latin America. Mexico was already staggering under foreign debt of more than $90 billion when oil prices collapsed last year and decimated one of its major sources of revenue. In the meantime, the government has been conducting a surprisingly successful crash campaign to diversify the economy. Mexico has become an exporter of chemicals, aluminum, medical instruments and cars (built by Chrysler and other foreign companies...
Right in front of my eyes was a huge glob of illegally dumped waste. The foamy brown scum floated slowly into shore. As it enveloped the shore break, the water would streak brown in the air, crash down in a spray of yellowish-white, and then disappear into the sand. Wave after wave of scum vanished in this fashion, while little children splashed in the waves. New Jerseyites were literally swimming in their own feces...
...exaggerate the way people caught up in scandal, sensation or fragrant doings can parlay a puddle of notoriety into oceans of money plus exotic life-styles. Culprits do it, victims do it, innocent bystanders do it. Even an ordeal equals opportunity. Rescued in the Yukon, where a 1963 plane crash delivered her to seven weeks of subzero weather, Helen Klaban exulted over a dream come true: "Hey, I'm a celebrity!" Her book, Hey, I'm Alive, duly followed...