Word: shakeout
(lookup in dictionary)
(lookup stats)
Dates: during 1948-1948
Sort By: most recent first
(reverse)
...floor"). Economists, with the same instinct that causes flying pigeons to wheel in unison, largely and solemnly agreed on the exact date for the interment of inflation. The recession, they said, would come in the spring. As Barron's financial weekly put it: "The 1947 depression, recession, or shakeout, whichever one calls it, has advanced from a fear to a fad. Not to believe in its imminence stamps one an ignoramus...