Word: dollarization
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Dates: during 1980-1989
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...border. Mexicans cross the checkpoints, often daily, because there are more jobs and higher pay in the U.S. Merchants on the American side depend heavily on sales to Mexicans, who often find items of greater variety and higher quality than in their home cities. Lately, the strong U.S. dollar and the devalued peso have sharply cut Mexican buying power and caused havoc for some U.S. border businesses. Many American shoppers in turn have been flooding into Mexico in search of bargains...
Nicholson stars as Charlie Partanna, a stereotypical middle-aged. Italian man who has the habit of slipping a ten-dollar bill into the hands of anybody doing him a favor (he even tells a maid over the phone that he will send her ten bucks for all her trouble...
This movie is perhaps worth the two dollar matinee at the Somerville theater. But don't pay $4.75 to see it. Go to the original Shane instead. If you've already seen the original but are hell-bent on seeing Clint's latest, don't be surprised if Pale Rider disappoints...
...ambitious, new, no-frills outfits like People Express. The rental-car field is equally bruising. It is a four-front war involving Hertz, Avis, National and Budget. Just as with the airline industry, the major players in the $4 billion rental-car business must compete with smaller companies: Dollar, Thrifty and Alamo...
...strong dollar and capital spending cutbacks have been painful to IBM. Some of the company's latest product introductions also seem to have been timed poorly. In February IBM unveiled its Sierra line, a family of mainframe computers to be delivered this fall. The announcement sharply curtailed sales of existing systems as prospective buyers waited for the new machines. IBM expected only a mild slowdown in such business...