Word: glooming
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...were very lucky last October. Lucky not only because decisive steps by various governments stabilized the situation, but also because the bond market and the dollar did not crash along with stocks. One does not have to be a prophet of doom and gloom to sketch a possible downside scenario despite current strong economic statistics. With the trade deficit still high, inflation on the rise, no resolution to Third World debt problems and no decisive action on the federal budget deficit, we could see another steep decline of the dollar, a spurt in interest rates, a break in bond prices...
...that, in Libra, is precisely what Don DeLillo has done. In a note at the end, he admits that some may find a novel on this subject "one more gloom in a chronicle of unknowing." But, he continues, "because this book makes no claim to literal truth, because it is only itself, apart and complete, readers may find refuge here -- a way of thinking about the assassination without being constrained by half-facts or overwhelmed by possibilities, by the tide of speculation that widens with the years." Unfortunately, this argument wants things both ways; a book can hardly be "only...
...believe there are no limits to what America can do," Dukakis told delegates at the convention. No longer the party of doom and gloom, the Democrats sound positive about the future. And they should: after eight years of Reagan, the Democrats appear headed for victory come November...
Carlucci's reversal provided a break in the gloom engulfing the U.S. companies that sell battleships and bombers to the Defense Department. But the Secretary called the temporary suspensions a warning and vowed to take tough action against companies proved guilty of committing crimes. And even the firms shown to be innocent will face a defense-industry environment that is growing tougher all the time...
...pavilion in the public gardens, and sampled all the national pavilions from the U.S.'s to Yugoslavia's, and sated whatever appetite you may have for the installation pieces of Aperto 88, the section for artists under 40 that stretches like a deconstructionist via crucis through the long Piranesian gloom of the rope walk at the Arsenal, you can go back to the museums and immerse yourself in the Venetian past, an experience that tends to put some of the achievements of late or postmodernism in perspective. Moreover, it takes you away from the throng of dealers and neocollectors...