Word: mid-1970s
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...When the film was first released, Germany had so much trouble with its frolicking, tap-dancing SS Storm Troopers and gay Führer singing "Heil myself" that it wasn't shown in German cinemas until the mid-1970s. The musical opened on Broadway in 2001, and has played around the world, even sparking raucous laughter from Jews in Tel Aviv. But until now, no one had the nerve to host it in Berlin. Germans who wanted to see it had to go to London, New York City or Vienna. (See 10 things to do in New York...
...time-share industry has exploded since its inception in the mid-1970s, growing from 45 resorts encompassing about 1,200 units in 1975 to 1,660 resorts holding 194,000 units in 2008. And just when the industry doesn't need it, a new wave of inventory is expected in the next few quarters as distressed condo and hotel owners start converting their properties into time-share units...
...Japan's economy contracted at an annualized rate of 12.1% in the last quarter of last year - the sharpest downturn since the oil crisis of the mid-1970s. Tokyo is working on an additional stimulus package - the country's third in the last six months - that is expected to pump at least $100 billion more into the economy...
...invested his father's oil money in a myriad of ways, many ill-fated: "[C]lint sank millions into deals on handshakes, on napkins, at urinals, risking vast amounts on investments he seldom too time to study...A solid 8 or 10 percent bored him. By the mid-1970s, he simply couldn't be bothered with any investment that didn't promise tripling his return or more. Ttere was the ten million he threw away on an Oklahoma plant that was to convert cattle manure into national gas. Clint named it the Calorific Reclamation Anaerobic process, CRAP for short...
...have taken shape without the trappings of democracy, American style, though that is important. The same phenomenon is also evident in countries that are recognizably democracies. I have written before in TIME about a village in Crete that I have been visiting for more than 30 years. In the mid-1970s, there was just one paved street, the priest was the most important local figure, and there was a crisis among the local families when a girl student returned from college in Athens one summer wearing cut-off jeans. Now the streets are all paved and village children sunbathe...