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Colin Powell is a military man, not a marketing analyst, but he keenly recognized the mood of American consumers last week, when he talked about the "oscillations between euphoria and distress." The shock of war's beginning has passed, but Americans are left swinging between the moods of hope and resignation about the war and the economy. In one sense, consumers are hunkering down, digging in and embracing reality. They are postponing big decisions and avoiding the kind of purchases that fuel the economy: autos, houses, appliances. (Suddenly the old car doesn't look so bad.) Yet simultaneously they realize...

Author: /time Magazine | Title: All Wired and Wary | 2/4/1991 | See Source »

...pregnant, far from her family. Her husband had just left for the gulf. She'd been having trouble concentrating at work. But when she felt herself losing control, overwhelmed by a rising sense of panic, she dialed the toll-free hot line provided by her company for employees in distress. A counselor on the other end referred her to a local psychologist for help...

Author: /time Magazine | Title: Feeling Anxious? | 1/28/1991 | See Source »

...ominous silence after distress calls from Amelia Earhart's twin-engine Lockheed 10-E Electra in the Pacific in 1937 touched off one of aviation's greatest mysteries. Last week the FBI confirmed that a likely clue to her last landing site had been found. It was an aluminum map case recovered by a group of aircraft archaeologists on Nikumaroro, an atoll 420 miles southeast of Howland Island, her destination...

Author: /time Magazine | Title: AVIATION: Did She Die on Nikumaroro? | 1/14/1991 | See Source »

India: A Million Mutinies Now is Naipaul's appreciation of how real, individual freedom, first sighted in the distance with India's independence in 1947, has begun to take hold in daily life, to break down the "layer upon layer of distress and cruelty." The result is messy, since those liberties give rise to a "million little mutinies," the colliding trajectories of countrymen shaking off the old mind-sets of caste and class. To Naipaul's solidly liberal sensibilities, that turmoil is what marks the road to progress...

Author: /time Magazine | Title: Burning Bright INDIA: A MILLION MUTINIES NOW | 1/14/1991 | See Source »

...since the Great Depression has the outlook for so many banks seemed so grim. The epicenter of distress is the downtrodden Northeast, where lenders in New York and New England are writing off bad loans at a furious pace. Many of the worst headaches are in New York City, which is home to seven of the 10 largest U.S. banks. Experts predict that such giants as Citicorp, the biggest U.S. banking company, Chase Manhattan (No. 3) or Chemical (No. 8) may have to merge with other large firms to survive. "There is a high chance for a major consolidation over...

Author: /time Magazine | Title: Pillars Of Sand | 1/14/1991 | See Source »

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