Word: crashes
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Dates: during 1980-1989
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...bull market in homes really is over, that's not all bad -- unless it gets out of hand. It's one thing to have prices trail inflation for a number of years, quite another to allow a stock-market-style 40% crash in prices. That would leave the banks owning an awful lot of houses and the Government owning an awful lot of banks, which is why the Government is unlikely...
...Government already own an awful lot of homes -- 250,000 would be a rough estimate -- which alone is reason to expect prices to be weak. The Resolution Trust Corp., set up to sell off the holdings of hundreds of failed S&Ls, is pledged to avoid triggering a price crash. Yet this is an arm of the same Government, after all, that actually lost money auctioning off confiscated drug loot...
Other medications being used for psychiatric or neurological conditions are also showing some promise. Flupenthixol, currently prescribed overseas for schizophrenia, seems to soften the "crash," a unique combination of depression and craving that follows one cocaine binge and typically leads to another round. In preliminary trials on a group of ten Bahamian crack addicts seeking treatment, researchers from Yale found that even low doses kept users off cocaine for the two-month duration of the trial. Another drug, carbamazepine, long taken to prevent seizures, has proved to be moderately effective against cocaine craving. In tests this year...
Britain's tabloid newspapers have long slavered over the lurid and the voyeuristic, whether it be gruesome photographs of air-crash victims on the pages of the People or bare-bosomed women on page 3 of the Sun. But in recent months, the newspapers' owners have discovered that the regular diet of sex, scandal and sensationalism has resulted in parliamentary dyspepsia and growing public outrage. With the threat of government press curbs looming, 20 of the country's leading newspapers last week signed a broad code of ethics, which includes the hiring of mediators, ostensibly to slap down editors...
With the experts predicting that Harvard's see-saw will crash down next week against Boston College, the Crimson needs to come out of Connecticut on the upswing. Devilish Dejavu...