Word: debt
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Dates: during 1950-1959
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Gamal Abdel Nasser made a spectacular payment on his debt to the Kremlin last week. He flew to Russia to pay the long-postponed visit that had to be put off in 1956 because of the Suez crisis. Moscow greeted him with such a welcome as no other foreigner but Nehru and Tito had received before...
...productivity." Action already taken includes: 1) more extended unemployment compensation; 2) accelerated Government spending especially in hard-hit areas; 3) more credit. Government should promote a sense-making public-works program but should resist "massive spending-a spending binge now can only lead to a, hangover of debt and inflation later...
While the nation's dollar reserves have plunged from $225 million to around $150 million, its trade deficit has soared to $186 million; its national debt is up to $800 million, and one-fourth of the labor force is out of work or underemployed. Garcia himself insists placidly, lighting a Chesterfield with a gold lighter, that "things are about back to normal...
During the 20's Pierian conformed with the rest of its overblown generation by planning a huge summer tour which included Canada and Hawaii. Before the University could cancel the trip, Pierian has lost $7,000 in defaulted bonds. Within five years, however, the debt was reduced...
From Washington: "I believe we live high and beyond our means, usually on someone else's money. We are always in debt...