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...right to be worried. The debacle in Greece could be a harbinger of a new stage of the financial crisis, one in which irresponsible politicians, not bankers, are the main source of economic turmoil. Across the developed world, sovereign states have amassed potentially unsustainable mountains of debt. The Organization for Economic Cooperation and Development (OECD) forecasts that by 2011 the ratio of government debt to gross domestic product - the main measure of a state's financial health - will reach 100% in the U.S., up from 62% in 2007. That's almost as large as Greece's burden today. Ireland...

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

...same realization will have to come to governments across the developed world. But S&P's Beers warns that process has only just begun. "There is hope that somehow the square can be circled," he says. But "it is going to be increasingly hard to say there aren't difficult choices to be made." Hopefully our political leaders won't just skip town...

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

...tiger habitats remain. "There needs to be a new paradigm," says Tilson. His answer? "Let's create wildernesses, as opposed to trying to protect the little fragments that are left." Hopes for resurrecting the South China subspecies rest largely on a captive population of 67 tigers, held in zoos across China. It will be challenging. Derived from just six animals - two male, four female - caught between 1958 and 1970, they are so inbred that they are virtually brothers and sisters. But, Tilson adds, "China is an economic juggernaut, a military powerhouse. As part of that portfolio they need to bring...

Author: /time Magazine | Title: Tale of the Cat | 3/1/2010 | See Source »

...Into the Wild Tigers breed easily - they are cats, after all - and some 5,000 are kept on farms across China. The recent SFA directive pledged to better regulate these farms, but not to shut them down. This makes a mockery of China's avowed concern for tigers, say many conservationists. The farms ostensibly make their money from tourists, although some illegally sell tiger meat and parts. How can the same SFA officials who plan to save the South China tigers ignore the fate of thousands of their farm-raised cousins? The authorities argue that if public demand...

Author: /time Magazine | Title: Tale of the Cat | 3/1/2010 | See Source »

...leaders like Gates persist in the old ideas of wars, troops and battlefields? Sending troops across the world to "win" is a fundamentally flawed and outmoded concept--not to speak of the fact that we as a nation cannot afford it. The terrorists are slowly bleeding our nation toward ruin as we are drawn into war after impossible...

Author: /time Magazine | Title: Inbox | 3/1/2010 | See Source »

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