The closing year of the 1970s seemed to play out like a cliff-hanger in an action film, while at the same time providing us with an unexpected glimpse into the future.In 1979 inflation was soaring, and Americans waited in lines at the gas pumps as they digested the news that oil was becoming a scarce commodity. The Chrysler Corp. was able to secure an unprecedented $1.5 billion loan from the federal government in an effort to step away from the brink of bankruptcy. The United States’ ...
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