Word: 80s
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...life, wants to live in a nice small town, right? One with sidewalks, neighbors waving from their porches and a bustling central square within biking distance of your house? Trouble is, despite the growth of telecommuting, most jobs are still in cities and suburbs. That's why the late-'80s experiment of building cute little instant towns in places like Seaside, Fla., never really caught on: many of the communities were too far from major job centers. So now developers are chasing a new fashion. Rather than offer an escape from the suburbs, they're struggling to reinvent them...
...cities. In February ATF added 10 more. Each Yogi city found unique patterns, but nearly all discovered the single biggest source of crime guns was the network of licensed dealers operating within their home states. The most important effect was to replace the hopelessness of the late '80s and early '90s with a confidence that the right measures aimed at the right targets could interrupt the flow of guns to the bad guys...
EURO TRASH New to the U.S. market, high-yielding euro junk bonds are posting big returns while "safe" investments such as 10-year T bills are faltering. Why the appeal? Europe is deregulating its markets, stirring growth, competition and M&A activity similar to the U.S. in the '80s. The weakened euro is also expected to rebound against the dollar, but currency trading and high-yield bonds are risky. Don't bet the farm...
...ambitious construction scheme was hatched in the early '80s by local officials and organizations determined to tame the river. The plans included two major dams, at Serre-de-la-Fare and Chambonchard, and two smaller ones. The stated aim was to prevent flooding, expand irrigation and boost water flow during dry years. Opponents suspected other motives: increasing the water supply to cool four nuclear reactors along the river and boosting development in areas now subject to flooding...
...that a novel with this title, about a single, thirtyish woman in New York City, would contain at least one significant likable character, preferably the husband-hunting protagonist herself. But in setting out to satirize some of the more glaring materialism of our time, Janowitz has created an oddly '80s portrait of life in the big city without any of the humor or flashes of insight that might have made this book stand out. A hateful heroine and a catalog of her conspicuous consuming do not an amusing read make...