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...Rockefeller says with a nautical flair: "What we see ahead are treacherous economic seas and gale-force financial winds, strong enough to capsize even large, well-manned ships." Former British Chancellor of the Exchequer Denis Healey paints a chilling future in which soaring oil prices could all too easily threaten bankruptcy for entire nations, forcing them to default on loans to Western banks. This, he says, "could bring the whole international banking system crashing down...

Author: /time Magazine | Title: Business: World Bankers Juggle the Huge Oil Debts | 3/3/1980 | See Source »

...people of New Hampshire. Carter is running for reelection, the authors would tell us, because of his deep psychological need to "measure up and win." The man from Georgia picked up his 49 per cent by carefully managing to control his emotions and quell the steamy contradictions which threaten at any moment to split his newly-parted scalp. Carter got to the White House through his belief in God and, a la Norman Vincent Peale, by the power of positive thinking...

Author: By Robert O. Boorstin, | Title: Not Just the Man Next Door | 2/29/1980 | See Source »

...earlier last year Reagan's national planners were saying something quite different. They were counting on knocking out any serious opposition early on--like in the first three primaries. But at the time, Sears and other Reagan backers thought only Baker and Connally could threaten the candidate. Sears brushed off Bush as a man with no constituency in the GOP. "If Reagan wins early, that's the ball game," William Russo, political coordinator for Sen. Robert Dole (R-Kan.) agreed back in October...

Author: By Susan C. Faludi and William E. Mckibben, S | Title: Reagan: Reckless Over-confidence | 2/25/1980 | See Source »

Viet Nam did not threaten our freedom: a takeover of the Persian Gulf region by the Soviets will. Did our involvement in Viet Nam so distort our thinking that we can no longer differentiate between a folly and a serious threat to the future of freedom in America...

Author: /time Magazine | Title: Letters, Feb. 25, 1980 | 2/25/1980 | See Source »

...decades later, the same village, now even smaller (pop. 2,997), is bracing for what could prove to be, if events take the darkest of turns, the final true Olympics. The sad truth is that the political pressures that have always borne so heavily on the Olympic Games today threaten to open an irreparable schism in world sport (see ESSAY...

Author: /time Magazine | Title: Gold Rush at Lake Placid | 2/11/1980 | See Source »

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