Word: doomsdays
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Dates: during 1990-1999
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Money managers call it the doomsday scenario, forseeing an event that could wipe out investor portfolios and wreak havoc on the stock market. The danger stems not from new financial woes erupting abroad but from something happening here. It is the explosive growth in margin debt--loans Americans take out to buy stocks. Margin debt has shot up to $180 billion at midyear, a 25% increase in just six months and by far the most ever recorded. It now accounts for 1.2% of the stock market's total capitalization...
While the early doomsday predictions about Y2K appear to be wildly exaggerated, serious work remains to be done. "It was only one chemical valve being left open that caused the Bhopal disaster," says Joan Mulhern, legislative counsel for Public Citizen. "To the extent that these bills are telling industry not to be prepared, they're sending the wrong message...
...assured destruction," which would shape U.S. strategy for the next two decades. Von Neumann also became an icon of the cold war. Disabled with pancreatic cancer, he stoically continued to attend AEC meetings until his death in 1957. The wheelchair-bound scientist with the Hungarian accent who mathematically analyzed doomsday is said to have been a model for Stanley Kubrick's Dr. Strangelove...
...doomsday prophets need to get a life! In a universe that is 15 billion years old, the entire era of human existence is a nano-blip." JENNIFER L. WOOD Bakersfield, Calif...
Despite the doomsday alarms being sounded by environmentalists, genetic engineers at Monsanto argue that there is no real risk of pollen from Terminator plants causing widespread sterilization in other plants--and they're probably right. Gene drift does occur, but nature doesn't make it easy. Many crops, like rice, are mostly self-pollinated. As for crops that are pollinated by wind or insects, precautions like planting border fields to keep crops isolated help confine genes. What's more, crops tend to mature at the same time--sending out a great puff of pollen all at once--while wild plants...