Word: feare
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Dates: during 1960-1969
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Even without group pressure, notes Stanford Psychologist Philip Zimbardo, people will rarely intervene in an interfamily situation for fear of violating a social code. Husbands and wives can literally beat each other to death before most outsiders will step in; recent studies of the estimated more than 30,000 "battered children" injured by parental abuse every year indicate that as many as 4,000,000 people were familiar with at least one such case of family violence and that most of them did nothing...
Held As Hostage. Wall Street analysts are more worried about the glamour stocks of yesterday than about the blue chips. Mutual funds have been selling, and in some cases there has been distress selling inspired by the fear that customers will redeem their fund shares for cash. Even those inveterate bulls, the managers of go-go funds, are unloading stocks, and the hedge funds have been hard hit. Some money is being shifted out of stocks into bonds. People who buy stocks on margin have to pay 11% interest, but those who buy bonds collect as much as 8% interest...
Honeymoon's End. Knowledgeable bankers and brokers are less worried by any threat of controls than by a growing fear that inflation can be defeated only at the price of a recession. Corporate news has not been encouraging...
Opposition is formidable. Common Market officials fear that frequent changes in the value of the Market's six currencies would wreck their system of uniform farm prices. Some German and Swiss bankers argue that the crawling peg would depress international trade and investment by creating uncertainty as to what any currency would be worth in the future. Supporters reply that under the present system, threats of large devaluations or revaluations create even greater uncertainty-and that all too many governments depress trade by imposing controls on the movement of goods and capital in order to preserve unrealistic exchange rates...
...patient first learns deep muscle relaxation. Then, he imagines himself in a slightly frightening situation. When he feels completely calm, he moves up to a situation more anxiety-provoking. Ideally, he reaches the most terrifying level at the end of eight weeks and is able to control his fear...