Word: mooning
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Dates: during 1980-1989
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...City" on the stock exchanges, in the words of one of the esteemed financial-newsletter editors speaking at this three-day "money show." Up 25 points Monday, down 20 Tuesday. The common opinion, derived by computer analysis of 50 leading indicators or by going out and staring at the moon, depending on one's methodology, is that the future looks bad. The audience of gray and balding heads does not know if the economy will make a soft landing or a big splat, but for now they have their assets safely tucked away in Treasury bills and money-market funds...
...industry has worked harder at wooing golfers than the hotel and resort business. As astronaut Alan Shepard showed in 1971 with his six-iron shot on the moon, golfers will go to practically any extreme to try out a new course. According to the National Golf Foundation, players spent nearly $8 billion of their golf outlays last year on travel. Marriott Hotels and Resorts, based in Bethesda, Md., currently operates 18 golf getaways in the U.S., plans to open another in Hauppauge, N.Y., this fall and has three more on the drawing board. "If we don't have golf...
...Chinese myth and actuality. And next month will bring The Great Black Dragon Fire, by veteran journalist Harrison Salisbury. The fire was not fiction; it occurred in 1987, and it burned a Manchurian forest "so large that, like China's Great Wall, it could have been seen from the moon...
Before you become alarmed, however, you should understand that this was a close encounter only in a relative sense. At its closest, the asteroid was about 450,000 miles away, roughly twice the distance between the earth and the moon. Still, in cosmic terms it was virtually a direct hit. No asteroid has been sighted so near since 1937, when Hermes, a minor planet nearly half a mile in diameter, passed by at about the same distance...
...could mean a direct hit or, more probably, another nerve-jangling near miss. But even if 1989FC never strikes earth, a similar asteroid is destined to do so eventually. It has happened so many times before, in fact, that the earth's surface would be as pockmarked as the moon's were it not for the cosmetic effects of erosion caused by the oceans and atmosphere. Half-mile asteroids are a dime a dozen in the solar system, and they run into the planet once every 100,000 years, on average. That means the next one could strike...