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...understand this very clearly if one looks to the Swiss franc. The Swiss franc is even a stronger currency than the deutsche mark, and the Swiss economy is even stronger than the German economy, but nobody would ever believe that for this reason Switzerland is a world power. Swiss defense is first-rate, but nobody would ever believe that for this reason Switzerland is a world power. To sum it all up: Germany is not a world power; it does not wish to become a world power...

Author: /time Magazine | Title: World: An Interview with Helmut Schmidt | 6/11/1979 | See Source »

Raymond Barre made the rashest of vows when President Valery Giscard d'Estaing appointed him Premier of France in August 1976. He promised to cure the country's inflation-racked economy in three years. As that deadline approaches, the roly-poly former economics professor has become the target of increasingly heavy fire from trade unions, the leftist opposition and even the largest party in his own coalition, the Gaullists. Last week, at the insistence of Gaullist Leader Jacques Chirac, the French parliament was called into emergency session for the first time since World War II. Although Barre...

Author: /time Magazine | Title: FRANCE: Steel, Surgery and Survival | 3/26/1979 | See Source »

...trade deficit will diminish this year, but the dollar will remain weak against the mighty German mark and Swiss franc...

Author: /time Magazine | Title: Business: Here Comes the Recession | 3/5/1979 | See Source »

...successful American who ought to have confidence that the future will be as good to him as the past has been. But says he: "In 1975 I started to worry about where I could put my money. I say one thing to myself: it's not the franc or gold or silver that is going up, it's the dollar that is going down, and that's what worries me. Soon we will all be making $100,000 a year, and instead of increases in buying power we'll have $1 candy bars...

Author: /time Magazine | Title: Business: Big Boom in a Barbarous Relic | 2/26/1979 | See Source »

...that when he sneezes "people around me get cured." By happenstance, Henry extricates Sally Morgan, a coy maiden winsomely played by Beth Austin, from the maritally-minded clutches of Sheriff Bob (J. Kevin Scannell), a sage brush Keystone Kop. Sally's true love is Hiawatha, or rather, Wanenis (Franc Luz), a noble North American savage from red-blooded Dartmouth. She gets him, and after a number of featherbrained misadventures, Henry finds perfect health and pneumatic bliss in the arms of a lusty-voiced, opulently endowed nurse (Carol Swarbrick...

Author: /time Magazine | Title: Theater: That's My Baby | 2/26/1979 | See Source »

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