Red Ahead? The packaging industry, which has to work well in advance of most manufacturers, is inclined to think that the crest of the boom has been reached. In a poll by the American Management Association, 67% of the packagers said they thought a mild recession was not far off. The majority opinion: the recession would start in five to nine months, last six months to a year.
Red Behind. Proud as any small country bank, the International Bank for Reconstruction & Development announced that it had come profitably through its salad days. In nine months, President John J. McCloy...
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