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...strong growth in China in particular, we now have an unbalanced system in which the dollar is overvalued against the Chinese yuan (among other emerging-market currencies). That has contributed to big U.S. trade deficits and, as China built up a huge stash of dollars it needed to put somewhere, to the credit bubble that precipitated the financial crisis. There's widespread agreement that this setup has to change but little agreement about how to change it. Which is a risky situation...

Author: /time Magazine | Title: The Dollar in Danger | 11/16/2009 | See Source »

...other than worry vaguely? Think twice about traveling to Europe, maybe, because it's really expensive. Hope a somewhat weaker dollar will help revive this country's beaten-down manufacturing sector - as seems to be happening - but also hope a dollar slide doesn't turn into a collapse. And put at least some of your money into investments (foreign stocks, gold, other commodities) that stand a chance of thriving even if the dollar doesn...

Author: /time Magazine | Title: The Dollar in Danger | 11/16/2009 | See Source »

...very satisfying to put yourself in someone else's shoes and to try and feel what they might feel. What is most exciting is when the emotional and technical experiences come together, and you're able to stay in your emotional state and at the same time be thinking, "O.K., I should stand up quite slowly now because they've got to follow me, and I've got lines," or whatever. That's quite a cool feeling...

Author: /time Magazine | Title: 10 Questions for Ewan McGregor | 11/16/2009 | See Source »

...bright thinkers can do far more than one genius ever could. A co-founder of what became Caltech's Jet Propulsion Laboratory, Qian helped debrief German rocket scientists following World War II, but he was accused of being a Communist spy at the height of the McCarthy era and put under house arrest. He and his family returned to China in exchange for U.S. pilots captured during the Korean War. In China, Qian used his skills to promote and organize scientific bodies as well as develop the missile programs that laid the groundwork for China's first manned space mission...

Author: /time Magazine | Title: Qian Xuesen | 11/16/2009 | See Source »

Just six minutes into the first half, 11 Crimson players had seen the court, and by the end of the frame, 10 players had put points on the board...

Author: By Martin Kessler, CONTRIBUTING WRITER | Title: NOTEBOOK: Crimson Employs Deep Bench Against Crusaders | 11/16/2009 | See Source »

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