Word: predictions
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Dates: during 1980-1989
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...back. Police last week found the body of a man in a cloth bag along a Manila highway. On the sack were the words THIS IS A VIGILANTE. Says Max Soliven, a columnist for the daily Philippine Star: "The seeds of civil war are being sown, and nobody can predict where it will...
...survey of 35 economists last week predicted that the economy will expand at a humdrum 2.8% annual rate during the last half of 1987 and a sluggish 1.4% in the first half of 1988. While that is a definite slowdown, it is not quite a dead halt. A few economists, however, predict a recession. Among them is Irwin Kellner, chief economist for Manufacturers Hanover, the New York City banking company, who thinks the U.S. economy will shrink by 2% in the first half of 1988 before quickly recovering...
...hard to rate the candidates solely on the basis of particular policy stances. None of them can predict the precise nature of the mess that he would inherit in 1989. Nor is there any one set of clear answers on what to do about the hideously complex results of years of economic blindness. To judge the candidates' potential as economic leaders, it is necessary to examine their mastery of financial complexities, their candor in facing economic reality and their credibility in light of their record...
...suggest that the crisis may be over when the first good news appears. Don't predict the future in speeches and statements. And don't get overly concerned when reports come in of a drop in the sales of big luxury items like automobiles. Just keep the night-lights on in the Oval Office...
What if the negotiations break down and the market gets the opposite signal: that the U.S. is unable or unwilling even to start working out some long-range solution to its gargantuan budget and trade deficits? As last week's wild price whipsawing demonstrated, no one can predict stock prices and volume for even a few hours. But if the U.S. continues to float on a sea of red ink and foreign debt -- well then, many financial experts suggest, sooner or later the markets can expect the real crash. How it could be much worse than Black Monday...