Word: sunk
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Dates: during 1990-1999
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...nuclear arsenal is 300 times as small as that of the U.S. The entire arsenal packs about as much explosive power as what the U.S. stuffs into one Trident submarine. China's ballistic-missile sub (singular, not plural) hasn't been to sea for a year and would be sunk in minutes in a battle with a U.S. attack sub. The People's Republic has no aircraft carriers (the U.S. maintains 11 carrier battle groups), no long-range strategic bombers (the U.S. has 174) and funds this stumbling juggernaut with a budget of 14 cents for every dollar...
Yeltsin's fate and that of Russia have in some ways come to resemble each other. Seven years ago, Russians pinned hopes for a peaceful, prosperous future on Yeltsin. As his turbulent and sometimes bloody presidency draws to a close, both the President and his people are sunk in depression, their dreams in tatters. Millions live on the poverty line. The country has neither the confidence of investors abroad nor self-confidence at home. Life is a struggle, and there seems little prospect it will improve soon...
Arkady Renko, the admirable outcast cop of Gorky Park, is a man of northern mists and bureaucratic permafrost. What's he doing in Havana? And why does he walk the streets sunk in gloom, a parody Russian, wearing that heavy overcoat? One question at a time: Havana because he's looking into the death of a colleague (the Cubans, fed up with Russians, want him to identify the body and scram--but no, Renko investigates); the sweltering coat because it is a last gift from his wife, dead of medical bungling in Moscow. The story is all amiable, well-told...
...death at 74, in 1988, was an unlikely revolutionary. Born to a church organist father and social-service worker mother in rural Oxfordshire, he decided at an early age to pursue medicine over music. During World War II, he was captured by the Italians after his ship was sunk and got himself tossed into solitary for helping other prisoners escape. Setting up a practice in obstetrics and gynecology after the war, he raised professional eyebrows by pioneering a newfangled fiber-optic device called a laparoscope to perform minimally invasive abdominal surgery. In 1966, to help women with blocked Fallopian tubes...
...what's wrong with real estate? Plenty. Anyone who sunk money into publicly traded Real Estate Investment Trusts, or REITs, has been scorched badly. Last year the average REIT stock sank 17% while the Standard & Poor's 500 soared 27%, and REITs' dismal showing has extended into early 1999. Never have REITs lagged the market by such a wide margin. They're more out of favor than a home with peeling paint and shag carpets...