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Whatever happens, many experts agree that the dollar must increasingly share the stage with the yen and the mark as a worldwide reserve currency. "There is little doubt that the dollar is in transition to a less dominant status in the global financial system," says David Hale, senior economist for Kemper Financial Services, based in Chicago. Investment guru Jimmy Rogers likens the situation to the pound's decline: "When sterling started losing its role as the world's reserve currency, especially after the Second World War, there was a sterling crisis every year. It was a constant and ongoing thing...

Author: /time Magazine | Title: THE BANGED-UP BUCK | 3/20/1995 | See Source »

...Public hospitals are significantly in danger and they're closing at a pace exceeding any other division in health care," the administrator said. Only four public hospitals remain in Massachusetts: Hale Hospital in Haverhill, Boston City Hospital, Quincy Hospital and Cambridge Hospital...

Author: By Sewell Chan, | Title: Healy Announces Revamping of City Health Care System | 2/3/1995 | See Source »

...greatest period of uncertainty since the death of Mao Zedong in 1976. So pervasive is his influence that rumors of his illnesses regularly launch East Asian stock markets into stomach-churning plunges. For years the reclusive leader has proved those reports premature, quelling the buzz by appearing in public, hale and hearty as ever...

Author: /time Magazine | Title: Twilight of A Titan | 1/23/1995 | See Source »

...Southerners have a regional bond--particularly here where we're a minority," Hale says...

Author: By Janet C. Chang, | Title: Like Race, Regionalism Can Be Cause for Bias | 11/28/1994 | See Source »

...always discuss how much better 'y' all' is than 'you guys,'" Hale says. "It's not sexist. It flows...

Author: By Janet C. Chang, | Title: Like Race, Regionalism Can Be Cause for Bias | 11/28/1994 | See Source »

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