Word: panic
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Dates: during 2000-2009
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...Peanut Corporation of America has led to the recall of more than 1,800 peanut-containing products, from off-brand dog biscuits to Trader Joe's vegan pad Thai, and sent sales of peanut butter plunging 25%, despite assurances that jars on supermarket shelves are not tainted. But the panic illustrates just how thoroughly the legume (Arachis hypogaea is, technically, not a nut), fashioned into a paste, has permeated the American diet. Spread on crackers, slathered on celery, melted with chocolate: peanut butter goes with almost anything...
...Paulson's lesson is that there is always more money. That is true at least in a panic when the Congress and Administration have convinced themselves, perhaps appropriately, that pushing huge amounts of capital into the economy is the only way to halt the recession...
...Foods, the organic food superstore, has seen its stock price drop more than 70% over the past year, and has cut back on planned expansions. Companies - including Time Inc., which publishes TIME and Time.com - have eliminated their sustainability officers, and the business press seems more concerned with plotting financial panic than with covering the latest green enterprise. (Read TIME's survey of new green technologies...
...signs of a real panic is that the people in the midst of it to some extent lose their minds. They are robbed of their ability to reason and see things clearly. They lose the compass they may have had. Even the analytic ability of "experts" is compromised, so the spreads among forecasts get very broad as things get worse. It might be of some comfort that all analysts think that 555 banks will fail in the next 24 months. Instead, some put the number at 200 and others at 1,400. The facts at the center of the analytic...
...provide thousands of fatal doses. Police were baffled - the pills came from different production plants and were sold in different drug stores around the Chicago area. Their conclusion was that someone was most likely tampering with the drug on the store shelves. The deaths set off a nationwide panic, as stores rushed to remove Tylenol from their shelves and worried consumers overwhelmed hospitals and poison control hotlines. Chicago police went through the streets with loudspeakers, warning residents of the dangers of taking Tylenol. Johnson & Johnson, the drug's manufacturer, spent millions of dollars recalling the pills from stores...