Word: spiralled
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...raise or raze forests, reverse rivers, level mountains or reshuffle atoms, but he cannot alter the fact that his health depends, as always, upon the food he eats, the water he drinks and the air he breathes. To safeguard these, he has to work, in an endless spiral, for more complete control of his environment...
...Economic Development last week came to the conclusion that the U.S. is virtually depression-proof. "Changes since before the war in our financial, budgetary and psychological situation," said the committee's report from top businessmen, have all but done away with the dangers of an oldtime deflationary spiral. While there is no guarantee that there will be no more recessions, the changes do mean that what "might have turned out to be a severe depression would be a moderate recession and what might have been a moderate recession can now be relatively mild...
From another group of commodities came surprisingly similar news: the nonferrous metals, long in a downward spiral, were suddenly perking up. In an unexpected spurt of buying, lead prices rose for the first time in eight months (to 13? a lb.), picking up ¼? a lb. for two days running. Zinc jumped ½? to 9¾? a lb., its first rise in more than a year. Tin, tacking on a nickel, shot up to 93? a lb. as purchases were stepped up. Judging from the metal futures markets, which last week scored the biggest gains in years, metal speculators figure...
...will need to produce more than four times as much energy by the end of this century as it does now. The demand for more energy is already being felt in backward countries, where the U.S. and Western Europe, by exporting capital and know-how, are setting up a "spiral of industrialization" which will mechanize underdeveloped areas. Say the Woytinskys: "This is a one-way road, and there is no going back to grinding grain and making flour at home...
...workers. In a blunt speech to C.G.T. leaders, Peron warned that they must accept the new federation, and that there will be no wage increases when contracts expire next March. By dividing labor. Peron apparently hopes to hold out against union demands that would set off a new inflationary spiral in Argentina...