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...That is a handy guide to some of the Web's wackiest and most useless pieces of merchandise - some of which cost more than the latest Prius or, you know, the average American home. Take the magnetic floating bed created by a Dutch architect, valued at a bargain price of $1.5 million. Or maybe you're interested in some gold pills filled with edible gold leaf, designed for users to "digest to increase self-worth." Bravo! There's nothing like flushing $429 down the toilet...

Author: /time Magazine | Title: Maybe You Shouldn't Buy That, Dummy | 5/20/2009 | See Source »

...Korean actions as provocations, pure and simple, badly misreads the message and the precarious position of its sender. An insecure regime with an economy that may easily descend again into widespread famine, and a leader, Kim Jong Il, who appears very ill, to judge from recent photos, is not bargaining from strength. Self-preservation is the name of its game. The leading decision-making body that Kim heads, the National Defense Commission, is filled with generals who most assuredly want to demonstrate that the regime still has muscle. These are people who know that war means their demise, whereas...

Author: /time Magazine | Title: Why North Korea is So Crazy | 5/11/2009 | See Source »

...such dire circumstances, the North's leaders not only consider nuclear weapons and long-range missiles a necessary deterrent, they surely also regard them as their only bargaining chips. And the bargaining can only be with Washington, which Pyongyang has recognized for some time as its best hope for surviving. From the North's point of view, any bargain would have to take the form of a new package deal that would reaffirm to Kim Jong Il that the U.S. is not hostile to the regime, accepts its legitimacy and is willing to provide long-term development assistance. Only...

Author: /time Magazine | Title: Why North Korea is So Crazy | 5/11/2009 | See Source »

...Bargain-basement housing is a departure for Tata, which previously has developed luxury apartments costing upwards of $220,000, along with office complexes and shopping malls. The property company is planning to build 4,000 of the low-cost homes across India over the next four years. Projects near Bangalore in the south and Gurgaon in the north are the next destinations...

Author: /time Magazine | Title: From India: First Nano's $2,000 Car. Now the $7,800 Nano Home | 5/8/2009 | See Source »

...Poor's 500 with a price-to-earnings ratio, based on an estimate of 2009 profits, of 15, up from 11 at beginning of March. That means stocks are relatively cheap compared to an average of the past two decades of about 20, but nearly as much of a bargain as they were when the rally started. Still, followers of technical analysis say there are a number of reasons to be bullish now. First of all, while stocks are up, they are still much lower than they have been recently. The percentage of stocks above their 200 day moving average...

Author: /time Magazine | Title: Stock Technicians' Verdict: Market Rally Will Continue | 5/5/2009 | See Source »

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