Word: tailspinning
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Dates: during 2000-2009
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...dollars, which they funneled into U.S. Treasury bills, attracted by the dollar's long-term stability. This arrangement benefited the U.S., providing it with a bountiful source of buyers willing to fund its debts, despite the relatively low interest rates on offer. But with the U.S. currency in a tailspin, dollar-denominated assets are less alluring than they once were...
...come for many clients, and it isn't pretty. "Once those introductory rates end, all of a sudden between the mortgage, the new car note and the big charge card payments, there's not enough money in the pot," he says. "It throws them into a complete tailspin...
...immediate cause of the trouble is the A380, a $14 billion, 555-seat, double-decker plane that is one of those bet-the-company ventures, so beloved by the aerospace industry, that either succeed spectacularly--as the Boeing 747 did--or risk sending a firm into a tailspin. Remember Lockheed's L1011? Mechanically, the A380 works. But Airbus has had to tear up its delivery schedule several times because of nagging manufacturing problems, primarily involving wiring. That has enraged launch customers; some have canceled their orders. FedEx and UPS walked, which killed the cargo version of the plane...
...them of how it feels to have a 103° fever. A few degrees above normal can mean the difference between life and death, species survival and extinction. And a few actions on our part could make the difference between a healthy planet and one that falls into an environmental tailspin. The time has come for action. The earth's future is in our hands...
Jean-Cyrill Spinetta recalls the dark days of 1997 when he took command of financially strapped Air France, charged with pulling the airline out of a tailspin of labor unrest and a half-decade of losses. A growing number of French customers, long accustomed to work stoppages, viewed the airline with distrust and scorn. "When people start looking at their own flag carrier as unreliable, you've really got a problem," says Spinetta...