Word: runaways
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...poor have a built-in defense against runaway crack abuse: they run out of money. The rich have the same limit; it just takes longer to get there. Stories abound of well-heeled users smoking their way through trust funds, savings accounts and charge-card credit lines. Some take out second mortgages and go on to sell jewelry and household items like TVs, VCRs and answering machines...
...blundered in letting Japan take over the market for mass-produced memory chips. As he points out, the key component for a computer is not hardware but software, the instructions that make the machine work. When programs like Lotus 1-2-3 made the personal computer a runaway success in the early 1980s, IBM and other firms made a strategic decision to let Japan supply the demand for memory chips that U.S. chipmakers could not meet. The Japanese built costly factories to fabricate an enormous supply of chips. But then their price plummeted way below the cost of production, saddling...
...Gorky Park (1981), Martin Cruz Smith showed a good way to turn one among the thousands of detective novels published annually into a runaway best seller. The three crucial steps: 1) construct a plot with plenty of corpses and exfoliating complexities; 2) provide a beleaguered and therefore sympathetic hero, one whose problem involves not only solving a crime but avoiding extermination by a small army of people who do not wish the truth to be known; 3) set the action in a place that is inaccessible and romantically forbidding -- in the case of Gorky Park, Moscow and environs...
Rarely had three firms of comparable size and stature been locked in such a bizarre triangle. "You can't help worrying now about what kind of company this will produce. No one knows where this sort of runaway sled ends up," said Richard Christian, associate dean at Northwestern University's Kellogg Graduate School of Management. Declared a Los Angeles-based securities analyst: "This is going to be the greatest battle that Hollywood has ever seen...
...Japanese point out, with some justification, that the trade deficit is as much the fault of America's bad habits as the result of Japan's economic policies. Says former Foreign Minister Saburo Okita: "The Americans should take a second look at themselves. Obviously they cannot go on with runaway spending forever." The U.S. borrowing-and-spending binge, which involves both Government and consumers, has boosted the tide of imports to the U.S. The Japanese also complain that the U.S. has leadership problems of its own. Washington has been sending out conflicting signals because trade policy is shaped and shared...