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...grow. These problems, according to Rothschild, "are based in historical change, and may be compared to the troubles of other industries in other times...most particularly to those of the railroads and textile mills in late-Victorian Britain. The fate of these businesses show a similar pattern: innovation, excitement, inflow of capital, rapid growth, market saturation, demand creation, decreasing productivity and return on capital, a fixation on policies of the past." She might add: subsequent resentment among workers and consumers, competition from abroad, desperate searches for new markets, failure to meet domestic challenges, and eventual collapse. Roths child points...

Author: By Nick Eberstadt, | Title: The Decline and Fall | 11/25/1974 | See Source »

...billion in deposits as savers withdrew their funds to seek higher interest rates elsewhere. Now, though, the Federal Reserve has eased its credit squeeze, interest rates on competing investments are coming down, and in October the S and Ls took in an estimated $650 million of new savings. The inflow will have to continue for several more months before the S and Ls rebuild their reserves enough to advance mortgage money liberally again, but the October inflow is nonetheless about the only good news that would-be home buyers have received in months...

Author: /time Magazine | Title: Business: One Bright Sign | 11/18/1974 | See Source »

...institutions," as depositors shift their money into higher-yielding investments. This process is known as "disintermediation," and there are some signs that it already has begun. The U.S. Savings and Loan League estimates that in April S and Ls suffered a savings outflow of $350 million, v. a net inflow of $831 million in April 1973. Ultimately, the process could bring home construction to a virtual standstill by drying up mortgage money, and could threaten the solvency of the thrift institutions themselves...

Author: /time Magazine | Title: FORECASTS: The Gloomiest Outlook Yet | 5/27/1974 | See Source »

...Wall Street houses have multiplied tenfold since the second week in November. Other investors have taken what money they had left and fled-many, apparently, to the safety of bank accounts. As the stock market nosedived, U.S. mutual savings banks took in $275 million in November, their first inflow of funds after five straight months of net withdrawals...

Author: /time Magazine | Title: STOCK MARKET: The Energy Chill | 12/24/1973 | See Source »

...foreign inflow has been generally well received by American businessmen, but hints of corporate xenophobia are cropping up. Last week U.S. steelmen, ignoring the enormous presence of American business round the world, began to grumble about the competition that they may face from an $18 million mini steel mill being built for a Japanese consortium in Auburn, N.Y. Yet the surge in direct foreign investment is a golden boon for the U.S. It will help offset the persistent deficit in the nation's balance of payments and provide new technology for the American economy. How do American workers shape...

Author: /time Magazine | Title: INVESTMENT: New Buy America Policy | 7/2/1973 | See Source »

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