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Word: investmentsâ (lookup in dictionary) (lookup stats)
Dates: during 1974-1974
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Usage:

Already the OPEC countries have been the recipients of by far the greatest international transfer of capital in history. Because many nations are becoming poorer while the oil exporters become richer?and much of the oil money is neither spent nor placed in long term deposits or investments???the huge transfer of wealth threatens to choke the international monetary system and strangle world trade...

Author: /time Magazine | Title: OIL: Trying to Cope with the Looming Crisis | 10/14/1974 | See Source »

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