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...late 1990s, in which IMF aid wasn't much help, the lesson that emerging economies such as China and India took was that they needed to build up gigantic reserves of U.S. dollars to protect their currencies. To build those reserves, they ran big trade surpluses, which were in turn enabled mainly by record trade deficits in the U.S., which were in turn enabled by massive borrowing from around the world. It was an extremely unbalanced financial ballet, and it has now come crashing to the ground...

Author: /time Magazine | Title: New World Order | 2/5/2009 | See Source »

...volume. Do I dare ask for flextime? Miss the meeting for the doctor's appointment? Governor Palin made it sound as if it was all in a day's work when she talked about juggling BlackBerry and breast pump. But as conditions get worse and 75,000 jobs turn to powder in a day, the strain on survivors can only grow. It doesn't help that on TV every Tom, Dick and Suze keeps telling us that this is a good time to "dig in and show your boss how good you are. Take on extra projects. Shine at whatever...

Author: /time Magazine | Title: Married to the Job, or Each Other? | 2/5/2009 | See Source »

...Friday night, this is the game to watch in the Ivy League. The preseason’s third and fourth ranked teams are reeling. Yale (7-11, 2-2 Ivy) is in better shape than the Crimson to make a run at the title, if the squad can somehow turn things around. But, after scoring 78 total points last weekend, that seems unlikely.Harvard will have no trouble scoring, as it seems to have found a solution to its offensive struggles of late—make free throws. The Crimson could have won games against Dartmouth and Penn at home with...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: Expect Class of Ivies to Step Up | 2/5/2009 | See Source »

...lobby, available to provide information about their organizations. Further opportunities to explore career options in the arts and humanities can be found through the Office of Career Services (OCS), a co-sponsor of the event. This past fall, OCS began an initiative with the theme of “turning up the volume” on diverse career options. “The reason we call it ‘turning up the volume’ is from all the ads you see in The Crimson of investment banks and consulting firms,” OCS director Robin Mount says...

Author: By Melanie E. Long, CRIMSON STAFF WRITER | Title: Harvard Notables Passionate for Arts | 2/5/2009 | See Source »

...slack-jawed and repetitively strumming my fake plastic guitar is the outfit my stupid pixellated avatar is wearing while spasmodically strumming his fake virtual guitar. I also care very little about aptly named Hoobastank; no surprise, then, that in the video for their new single “My Turn,” the band members seize upon a video game motif to play dress-up to no end. The video has Hoobastank and their gear sitting atop what appears to be a giant spinning hockey puck, because, with the current state of the NHL, pucks gotta take work where...

Author: By Jake G. Cohen, CRIMSON STAFF WRITER | Title: POPSCREEN: Hoobastank | 2/5/2009 | See Source »

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