Word: sheet
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Dates: during 1980-1989
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There is all the difference in the world, for instance, between a work like Mondrian's Composition with Line (Pier and Ocean), 1917, and Van Doesburg's Countercomposition V, 1924. One is a reduction of atmosphere and light, the twinkling and palpitation of reflections on the flat sheet of the northern sea that Mondrian used to gaze at, hour after hour, during his walks at Scheveningen; it is transparent and delicate, reaching stability through addition. By contrast, the Van Doesburg throws an almost physical blast of color from its surface; the tilted red square is both monumental...
...Airbus A300s with the intention of adding new services between European and Asian capitals. Then trouble struck. Fuel prices surged, recession in the U.S. and Europe cut into passenger traffic, and the rise of the dollar's value against the pound upset Laker's balance sheet. Much of his revenue was in pounds, but he had to make debt payments in dollars...
...signed ten. Albums that sold 150,000 copies in the mid-'70s were considered promising; today that kind of promise is in short supply. A record has either a hefty success or no sales at all; the middle ground is no-man's land. On the balance sheet, the pickings still look rich. The size of the industry more than doubled in a decade, from $1.66 billion worth of sales in 1970 to $3.68 billion in 1980. But that growth was maintained at great cost. Panic set in back in 1979 when dollar volume for the business tumbled...
...also passing the buck, even if one credits the statistics. The matter may be a lot simpler, and more daunting, than anything on a balance sheet. With the record companies concerned mostly about making records that radio will play, and with the radio stations unable to play anything but what the record companies give them, the music may just have got lost in a lot of corporate second-guessing. It may just have slipped out of context...
Some of the jobless who stayed put are struggling to cope. From the Detroit suburb of Hazel Park, Larry Hampton, 26, sets out once or twice a week in his pickup truck to search the streets for scrap. Sheet metal brings a penny a pound; cast iron $45 a ton. On a good day, Hampton earns $15, and it keeps him busy. "I've just got too many bills and not enough money to pay them," says Hampton, who lost his job in a machine shop last November. "It's scary...