Word: baudler
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Dates: during 1970-1979
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...that matter, do the Europeans themselves. American officials do not like the term, notes Paul Baudler of the U.S. Chamber of Commerce in Frankfurt, "but if you talk to a German banker, he'll talk about 'flight capital.' " A long list of gloomy economic realities -slumping stock values on European exchanges, high unemployment rates, the rise of left-wing parties and the inability of liberal, middle-of-the-road governments to deal effectively with these problems-has prompted a chorus of Spenglerian gloom from European business leaders...