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WEBER: We are in a decaying spiral of public confidence. The public does not trust the institutions; they don't trust the political parties. It used to be, "I hate the Congress, but I love my Congressman." Now they've decided they hate their Congressman, too. Having fully discredited the parties and the institution, now we're discrediting the individuals. I'm not by nature a pessimist. I like to think that our system works and is going to right itself. But I see it decaying. I don't know what comes next after we have this tremendous cleaning...

Author: /time Magazine | Title: Mr. Smith Leaves Washington | 6/8/1992 | See Source »

...right. The decision to boost wages above the current inflation rate of 4.5% is almost certain to set off a new inflationary spiral, raise the federal deficit and slow the flagging economy. Even so, most Germans backed the strike because they were angry -- embittered by the swelling cost of unification, furious over rising taxes and indignant at being asked to bear too big a share of aid to the former communist countries in the East. And the anger will not soon subside. Other unions, in the metal, printing and construction trades, will ride the wave of discontent to demand similar...

Author: /time Magazine | Title: Germany: End of the Miracle | 5/18/1992 | See Source »

Moreover, many experts predict that a collapse of the Uruguay Round would shove the world economy into a protectionist spiral, leading to serious political frictions between the U.S. and its major trading partners reminiscent of the Great Depression. "With the collapse of communism," says a White House official, "we're finding that our relations with countries around the world are focused more on economics and that the irritation points are economic too." If these irritations accumulate, huge regional trading blocs under construction in Europe and the Americas could be joined by one in Asia, all of them bristling with trade...

Author: /time Magazine | Title: The Breakdown of Trade Talks | 5/11/1992 | See Source »

...what followed for Lozano, his grieving family claims, was a death spiral into infantilism and madness. On April 2, 1991, just a few months before he was to receive his M.D., Lozano, 28, injected himself with a lethal dose of cocaine. Last week Dr. Bean-Bayog, 48, found herself before the Massachusetts medical licensing board refuting charges by Lozano's family that she had driven him to suicide by seducing him into a lurid affair, brainwashing him into thinking that she was his loving "Mom" and he her baby boy, and then dumping him when he could no longer...

Author: /time Magazine | Title: Did His Doctor Love Him to Death? | 4/13/1992 | See Source »

...spiral that we can't get out of," Carpenter agreed...

Author: By Ahmad Z. Che on, CONTRIBUTING REPORTER | Title: M. Spikers Drop Two Over Weekend | 3/10/1992 | See Source »

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