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...dollar about to collapse? No consensus exists among experts. Trade Official Bale does not anticipate a crash, but Rimmer de Vries, chief international economist of New York's Morgan Guaranty Trust, is less sanguine. Says he: "If there is loose monetary policy and no budget compromise, confidence in the dollar would be destroyed." Other economists envision a slower but inexorable fall. Stephen Marris, a senior fellow at the Institute for International Economics, warns of a deep decline in the dollar's value extending over two to four years. As a sign that the dollar's slide will probably not turn...

Author: /time Magazine | Title: A Delicate Dollar Balance | 4/12/2005 | See Source »

...best reflected the story's mood, but ending the film where the book begins: uncovering the body of a murdered schoolgirl. Instead, the film is concerned with a different kind of discovery: what happens when a man returns home after 17 years abroad to find an old girlfriend (Jodie Rimmer) whose wildly imaginative daughter might just be his. In this sense, McGann remains true to the book: In My Father's Den is about the sexual charge that can dance between men and their daughters (or would-be daughters), superbly captured in a scene where Celia interviews Paul...

Author: /time Magazine | Title: Flirting with Fiction | 10/27/2004 | See Source »

...slowly weaning itself from dependence on foreign borrowing. That course is necessary for other reasons: Japan, West Germany and possibly other exporting countries would need to stimulate their own economies to take up the slack if a lower American trade deficit reduced their sales to the U.S. Rimmer de Vries, chief international economist of Morgan Guaranty Trust, puts the case for such international cooperation succinctly: "A global economy needs global management...

Author: /time Magazine | Title: The Crash: Risks In Every Direction | 11/9/1987 | See Source »

Bankers reacted calmly to the speech, perhaps only because they had seen it coming. Said Rimmer De Vries, chief international economist of New York City's Morgan Guaranty Trust: "The suspension of payments is not a surprise to the banks. What is difficult to understand, however, is how things could have deteriorated so quickly. Brazil has gone completely over the cliff...

Author: /time Magazine | Title: No More Blood in the Stone | 3/2/1987 | See Source »

...spirit of economic cooperation, which prevailed only a year ago among the major Western economic powers, has seriously eroded. The basis for the turmoil: sharp differences between the Reagan Administration and U.S. trading partners over how to deal with the nation's huge trade deficit. Rather than concord, said Rimmer de Vries, chief international economist for Morgan Guaranty Trust, "it's open warfare...

Author: /time Magazine | Title: Pushing the Greenback Around | 10/6/1986 | See Source »

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