Word: governmental
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Dates: during 1980-1989
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But the suddenness of Poland's great leap may create new problems, even as it seeks to solve old ones. The country lacks economic institutions that took centuries to develop in the West: it has no stock exchange, no commercial banks, little experience in the rough-and-tumble of a...
So if the bull market in homes really is over, that's not all bad -- unless it gets out of hand. It's one thing to have prices trail inflation for a number of years, quite another to allow a stock-market-style 40% crash in prices. That would leave...
The banks and the Government already own an awful lot of homes -- 250,000 would be a rough estimate -- which alone is reason to expect prices to be weak. The Resolution Trust Corp., set up to sell off the holdings of hundreds of failed S&Ls, is pledged to avoid...
A house near me worth a minimum of $65,000 was recently offered for sale by HUD for $50,000 (mistake No. 1). I bid $58,100, but lost it to a bid of $54,000 because the Government decided to accept the lower offer even before the bids were...
Since 1977 nearly 50 government opponents have been murdered under murky circumstances, the victims of apparent assassinations. Few of their killers have been identified, let alone apprehended by the authorities. Last week long-standing suspicions that police hit squads were behind at least some of the murders were bolstered by...