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...problems, new ones are appearing as well. Fears continue to mount that the loose monetary policies put in place by central banks worldwide are creating potentially destabilizing increases in property and stock prices. "Asset bubbles could be the next fragility as the world recovers, threatening again to destroy livelihoods and trap millions more in poverty," World Bank President Robert Zoellick recently wrote in the Financial Times. Property-market analyst Nicole Wong at brokerage CLSA argues that Hong Kong may inevitably be heading for "another boom and bust" in its real estate sector, due to a combination of tight supply...

Author: /time Magazine | Title: The Lesson of Dubai: The Crisis Is Not Over | 11/30/2009 | See Source »

...analysis of Afghanistan's provinces to determine which of them had leaders with whom the U.S. could work directly. The request apparently did not exclude Taliban commanders, a move that has met with approval among Afghans. "There are many capable people in the Taliban ... [who] can be an asset [to the government] if they agree to lay down their arms," says Haleem Fidayee, governor of Wardak province. To many, the Taliban are no worse than the warlords who preceded them in power. Several such warlords are now serving in Karzai's Cabinet. If they can be brought into the tent...

Author: /time Magazine | Title: Talking with the Taliban: Easier Said Than Done | 11/30/2009 | See Source »

...past decade has certainly been painful. But history is emphatic that long periods of below-average performance are followed by periods of above-average returns. Stocks still have substantial upside potential and will remain the best asset for investors' long-term portfolios...

Author: /time Magazine | Title: Why Stocks Still Rock | 11/23/2009 | See Source »

...healthy for growing economies, a prolonged deflationary period is a recipe for economic misery. Falling prices drag down corporate earnings, wages, consumer spending and investment by businesses, and can lead to a deflationary spiral like the one the world experienced during the Great Depression. "If price deflation leads to asset deflation and that leads to further deterioration, then that will lead to the collapse of the economy," says JPMorgan Securities chief economist Masaaki Kanno. Deflation has periodically plagued the Japanese economy for the last 15 years, ever since a spectacular asset bubble burst in the early 1990s...

Author: /time Magazine | Title: Japan's Latest Economic Ailment: Deflation | 11/20/2009 | See Source »

Views of Americans as impolite and disrespectful are all too common. This global perception neither is an asset when navigating the intricacies of foreign policy, nor does it make potential allies especially receptive to American propositions. Courtesy and cultural sensitivity should be considered of paramount importance when dealing with other nations, and President Obama’s respectful bow to the Japanese emperor represents a sincere attempt to express respect and cultural acumen. Rather than deride this incident, observers should appreciate that Obama treats other countries with deserved respect...

Author: By The Crimson Staff | Title: America the Genteel | 11/20/2009 | See Source »

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