Word: disasterously
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Dates: during 1970-1979
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For Harvard, traditionally one of the strongest sailing squads in New England, the two regattas produced one disaster and one unequivocable horror show.
The disaster came in New London at the Ivy Championship races. Harvard came in a disappointing third as a team, while skippers George Putnam and Dave Brownlee failed to coordinate their sailing talents in A and B competition, respectively.
Indeed there are worrisome signs that the economy is heading into an old-fashioned demand-pull inflation, in which too many dollars chase too few goods. Shortages are now cropping up in a diverse assortment of items including meat, gasoline, lumber, hides, steel, zinc, textiles, electronic components, resins and bearings...
Robert Triffin, a member of TIME'S Board of Economists, warned: "Experience can only make you−and me−skeptical about the willingness and ability of responsible officials to reach sensible agreements." Yet such agreements are urgently needed, he said, "to end the present drift towards unilateral, nationalistic...
Boon. The only thing that has saved Ghana from economic disaster is a steep rise in the world price of cocoa, which has doubled since the Redemption Council came to power. Since Ghana produces more than one-third of the world's cocoa and depends on it for 70...