Word: u-turn
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...Cassandras predicted that huge deficits during an economic recovery would inevitably lead to renewed inflation (if the Fed went along by increasing the money supply) or an interest-rate squeeze and a U-turn back into recession (if the Fed held fast). They also were wrong. They overlooked the new globalization of credit markets and the willingness of foreigners to step in and supply the dough. The Cassandras have been updating their scenarios throughout the 1980s: the overvalued dollar will destroy American industry; or, the undervalued dollar will hand American industry to foreigners; or, when the foreigners get tired...
Along Route 30, we found a covered bridge built in 1878 across the Connecticut River that runs near Brattleboro. Standing 20 ft. above the river, it looked rickety and narrow. On the other end, two narrow roads branched off, and we had to make a U-turn on the narrow road to get back. It was the first, but not the last, traffic jam that we managed to create during the trip...
Although his vehicle was under heavy machine-gun fire and was rocked by at least one grenade explosion, Pinochet's driver managed to slam the car into reverse, whip around in a U-turn, and speed out of the circle of fire and back to El Melocoton. All but one carload of bodyguards stayed behind to shoot it out with the guerrillas. When the battle was over, five security men were dead and eleven wounded. Despite a widespread manhunt by army units and the paramilitary carabineros, all the attackers, whose number was estimated at between twelve and 40, slipped away...
...popularity of the 501 comes as a welcome boost for Levi Strauss (1984 revenues: $2.5 billion), which suffered through the designer-jean craze and then a general slump in denim sales. Partly with help from Springsteen, the 501 has been riding a fashion U-turn back to the all-American look. Says Steve Yacker, manager of a Gap clothing store in Manhattan: "Designer jeans are out. The 501 has become a fashion statement...
Mexico has often been used by U.S. automakers as a junkyard for dumping outdated models. Now Ford is making a U-turn. The company has decided to cross the border and spend $500million to build a new small car at Hermosillo in northwestern Mexico...