Word: facing
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Dates: during 1980-1989
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...thing people did notice the following week was that quite a few brokers were sending out quite a few margin calls: speculators who had bought declining stocks on credit would have to provide more cash or face the loss of their stocks. Late on Wednesday, Oct. 23, came a sharp break: 2.6 million shares sold in the closing hour. The Times industrial average dropped from 415 to 384. The market looked ahead to the next day's opening with a sense of dread...
...ideological positions warn almost with one voice that this situation is precarious in the extreme. Foreigners will not continue forever to finance American profligacy, and the stock-market crash was a relatively mild foretaste of what could happen if they pull their money out. The nation would then face a grim choice of financing the deficit by ruinous printing-press inflation or a sudden, brutal cutback in spending that might trigger a real economic bust...
...feeling from abstract art than anyone else alive. His big paintings, when they come off, are almost unique in their confidence: they project a sense of grandeur rather than the usual American inflation of scale. They are also marked by their will to confront, to deal their aesthetic cards face up, as plainly as possible...
...retaliation and the Iranian counterstrike abruptly changed the profile of the gulf confrontation. Suddenly it looked less like a protective operation, in which U.S. warships quietly go about keeping Kuwaiti oil tankers out of harm's way, and more like a direct face-off between Iran and the U.S. -- a situation that, given the state of high dudgeon on both sides, could easily slide out of control. Secretary Weinberger, having made his point militarily, tried to turn down the rhetoric. "We do not seek any further confrontation with Iran," he said, "but we will be fully prepared to meet...
...have to work hard to keep the popularity that has buoyed her through the travails of the past 19 months. Said the President bitterly last week: "The honeymoon is over, isn't it? But I am not sorry. The sooner we get over the fantasy of the honeymoon and face the hard work of marriage -- the marriage of President and nation -- the better." Otherwise, the divorce will be shattering...