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...Some economists - for now a minority, to be sure - believe the U.S. is at serious risk of a deflationary spiral, even if just a quarter ago, inflation was above the Fed's comfort zone of 2% to 3%. "Compared to Japan's problem a decade ago, this crisis is unfolding much faster and spreading wider due to financial globalization," says Shanghai-based independent economist Andy Xie. A financial system unable or unwilling to lend, a tapped out U.S. consumer, and business now retrenching - and laying people off - all are a formula for possible deflation. What's so wrong with declining...

Author: /time Magazine | Title: The Rising Threat of Deflation | 11/6/2008 | See Source »

...egregious instruments of waste in this time of acutely finite resources. "The world can't sustain this toilet," says Jack Sim, the founder of the World Toilet Organization - the other WTO - an organization that advocates for sustainable sanitation solutions for all. "This 'flush and forget' attitude creates a new problem which we have to revisit...

Author: /time Magazine | Title: Is It Time to Kill Off the Flush Toilet? | 11/6/2008 | See Source »

...said, one of the millions who tends to 'flush and forget' on a regular basis, chances are you're dumping up to 22 liters of drinkable water every day, one three- to six-liter flush at a time. But the problem doesn't stop there. What follows - the 'forget' part of the toilet experience - is the long and costly process of sanitizing the water that was clean before you answered nature's call. In the developed world, the flush toilet is our only direct link to the enormous - and exorbitant - engineering feat that is the modern urban sanitation system...

Author: /time Magazine | Title: Is It Time to Kill Off the Flush Toilet? | 11/6/2008 | See Source »

...appear to be unique to the 20th century. "The trend is primarily ascribed to urbanization, industrialization and technical developments with much new information and communication transfer, exerting considerable 'cultural pressure' on an individual," the researchers write. An increasing sense of individualism might add to the problem - the 1970s weren't called "The Me Decade" for nothing. The repression of political dissidents by Yugoslavia's communist regime probably didn't help either...

Author: /time Magazine | Title: The Evolution of Insanity | 11/6/2008 | See Source »

...Glitches Michael Scherer's article is full of good information and good reporting [Nov. 3]. In the future, perhaps it would be useful to do a companion article on what steps are being taken by states, counties, political campaigns and independent groups to mitigate some of these potential problems. That ought to include information on what a voter can do on the spot when a problem is encountered at a polling place. Are there officials who can be contacted in case of a problem? Are there people from each campaign standing by ready to help? Gail Goldey, Santa...

Author: /time Magazine | Title: Inbox | 11/6/2008 | See Source »

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