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...Donald Trump is not alone in his misery. Hapless borrowers, crushed by debts they assumed during the go-go 1980s, have made the term "cash crunch" a byword of the '90s. The average U.S. company is so loaded down with loans that it must spend fully 50% of its pretax earnings on interest payments, vs. 32% in 1980. "The major issue facing the nation is that people and companies can't live off debt indefinitely," says Louis Masotti, a professor at the Stanford and Northwestern business schools...

Author: /time Magazine | Title: Forgive Us Our Debts, Please! | 6/18/1990 | See Source »

...Donald Trump is up to his neck in debt, and his bankers are getting nervous. He may have to shrink his empire to stay afloat. -- A new theme park is off to a shaky but promising start...

Author: /time Magazine | Title: Time Magazine Contents Page: June 18, 1990 | 6/18/1990 | See Source »

Executive Vice Presidents: Donald M. Elliman Jr., S. Christopher Meigher III, Robert L. Miller...

Author: /time Magazine | Title: Time Magazine Masthead: June 18, 1990 | 6/18/1990 | See Source »

SPECIAL PROJECTS EDITOR: Donald Morrison EDITOR AT LARGE: Strobe Talbott...

Author: /time Magazine | Title: Time Magazine Masthead: June 18, 1990 | 6/18/1990 | See Source »

SPECIAL PROJECTS EDITOR: Donald Morrison EDITOR AT LARGE: Strobe Talbott...

Author: /time Magazine | Title: Time Magazine Masthead: June 11, 1990 | 6/11/1990 | See Source »

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