Word: seems
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Dates: during 1990-1990
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Beneath the retrenchment and return to basics one can see the mark of American Calvinism, as consumers pull back and repent what many now consider the evil excesses of the Reagan years. The doomsayers seem to be savoring the chance to put priorities straight. "When the stock market crashed in '87, people thought the party was over -- the bar was still open but the band went home," says a young financier who has been laid off by the junk-bond department of a New York City investment bank. "Well, now the bar has closed...
...have a moderate, potentially severe recession on our hands," said Allen Sinai, chief economist for the Boston Co. Economic Advisers. "The economy is showing signs of caving in, almost falling off a cliff, as so often is the case once a full-fledged recession begins." If the conditions seem particularly bleak, he noted, "that is because we are in the heart of the slide...
Though movie admissions cost about $12 in Japan, customers seem willing to pay that to stand in the aisles for American films. "To the Japanese, American movies are hip and trendy, and Japanese audiences would rather die than be unfashionable," says William Ireton, managing director of Warner Bros. Japan...
Aside from the Islamic world, where laws based on fundamentalist strictures often forbid access to any entertainment, there seem to be very few places where that is not the case. Even in secular Iraq, teenagers jam the half a dozen or so little shops in downtown Baghdad that sell pirated copies of American rock-'n'-roll tapes and where the walls are covered with posters of Madonna and Metallica...
...country change after liberation? Is it worth dying for? -- The allies seem to shrink from paying their share of gulf costs. -- Democracy knocks in Eastern Europe, but is anyone home...