Word: outflow
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Dates: during 1990-1999
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There was remarkably little evidence of panic among individual investors last week. One measure of that is the amount of money that flows in and out of equity mutual funds. In August, a month that included several gut-wrenching weeks, there was a net outflow of $5.4 billion, or well under 1% of the total invested in equity funds. Though this was the first such exodus since the recession and stock slump of 1990, the number is still quite modest when compared with the 4% that fled equity funds after the October 1987 correction. Last week investors pulled...
...outflow from Siberia helps put to rest one of the most enduring myths about the region--that it is virtually empty. The number of humans is in fact low in absolute terms. Currently Siberia has 30 million inhabitants, with the largest concentrations in cities like Novosibirsk (pop. 1.4 million) and Vladivostok (pop. 640,000). The entire Russian Far East, covering 2.4 million sq. mi., has 8 million people, less than the population of Moscow. But Siberia is not empty; it is not even underpopulated...
...OUTFLOW: That could mean raise the retirement age from 65. And raise or abolish the early retirement age, now 62, at which recipients can collect partial benefits. Or institute a means-test denying full benefits to those with huge incomes from other sources. Or reduce annual cost of living increases. Or do them all. The general idea is to reduce the total of benefits payable and thus put off the evil day when the system crashes...
...government officials are studying the consequences of the newly pervasive greenback and the concomitant rise in counterfeiting. The currency outflow produces one sweet side effect: the Treasury saves an estimated $15 billion a year since it pays nothing on the dollars held overseas that don't make their way into American interest-bearing accounts. At the same time, since the flow of funds abroad cannot be precisely quantified, it makes it almost impossible for the Fed to gauge the domestic money supply and thus know with certainty how to manipulate it. "Estimates of currency held abroad are subject to considerable...
...There is already far more bomb-quality nuclear material in Germany than the authorities can imagine," said Russian atomic expert Vladimir Chernosenko, who was one of the officials charged with cleaning up the Chernobyl nuclear accident. "If economic conditions in Russia do not improve soon, there will be an outflow organized from the highest echelons...