Word: foreign
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Dates: during 1960-1969
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...disinflation without deflation" has kept U.S. banks at some distance from anything like the 1966 crisis. Though forced to pay interest as high as 81%, the banks have been able to bring home some $2.4 billion in "Eurodollars"-or about one-fourth of the U.S. dollars on deposit in foreign branches of U.S. banks...
What is also at stake is the U.S.'s long domination of the global market for commercial aircraft. Seven out of ten of the transports now in operation, piston or jet, are U.S. built, and have earned billions of dollars in foreign exchange. But such dominance will continue only so long as U.S.-built ships are faster and more efficient than anyone else's. U.S. aviation was in this critical condition once before, when Britain's ill-fated Comet series beat U.S. jets to the skies by nine years. After the Comet tragically failed, the U.S. easily...
...writes about live people rather as if they were dead and dead people rather as if they were alive. He approaches American politics like an alert observer from a foreign-and slightly hostile-country ("American Empire" is one of his favorite phrases). On the subject of sex, he scarcely seems to belong to the human race at all, doing a marvelous impersonation of an anthropologist from Mars on a friendly but clinical visit...
Jenkins' position as liaison officer with various Allied military missions gives Powell a chance to extend his insular comic powers to foreign fields. It also allows a sidelong glance at some of the larger tragic ironies of World War II. With remarkable feeling, Powell conveys the consternation of those concerned with Anglo-Soviet relations when chilling evidence comes in that the Russians have massacred 10,000 Polish officer-prisoners in the Katyn Forest...
...Harvard grinds on. Excellence by association. Harvard is the greatest university (any foreign student will tell you that). I am at Harvard. I am great Syllogism. Don't bother me with Harvard's relationship with Cambridge, or rent control, or Mather House, or Harvard's investments in South America. Don't bother me with the fact that no one's ever seen Pusey. After all, Columbia can't happen here. Harvard isn't run by businessmen but by academics. We're proud of that...