Word: dunkelberger
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Dates: during 1981-1981
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...high-yielding money-market fund; the worthy new enterprise that cannot afford to borrow and expand and therefore loses market share and stagnates, perhaps eventually being driven out of business altogether by some tough and well-heeled foreign competitor from, say, Japan. Says Purdue University Economist William Dunkelberg, a small-business expert: "For every firm that goes bankrupt, there are another 15 to 20 firms that pay off their debts and just close their doors...