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...During the playing of the National Anthem, a commercial "introducing bigger, tastier chicken stripes" blasted from the TVs in the press box. Really hard to maintain composure after that...

Author: By Crimson staff, CRIMSON STAFF WRITER | Title: LIVE BLOG: HARVARD AT PRINCETON (10/25) | 10/25/2008 | See Source »

...pretty clear why China is hitting the skids. The country's economic transformation over the past 25 years has led a great wave of globalization during which the mainland's once small and isolated economy became much bigger and deeply integrated into global commerce - making it more exposed to the business cycles of its big trading partners like the U.S. "The huge elephant in the China shop is the slowing global economy," says Merrill Lynch Asia economist T.J. Bond, who cites an obvious reason: China's manufacturing sector, which accounts for 43% of China's GDP, depends heavily upon sales...

Author: /time Magazine | Title: How Will China Weather the Financial Storm? | 10/23/2008 | See Source »

...bigger issue is whether the risk-taking, hard-charging, high-living times will give way to a quieter, duller, less profitable and far more regulated era--not so much a golden age as a golden cage. The debt-fueled days are almost certainly history. Jon Lloyd, joint head of LG's real estate practice, points out that the investment-banking mentality of the past few years--ever bigger fees for ever more complex transactions--has spread to all sorts of businesses, from law to real estate. He wonders if that's all about to change. "Will we as advisers fall...

Author: /time Magazine | Title: London Falling | 10/23/2008 | See Source »

...only way to prevent depression was for government to become the spender of last resort. It's certainly acting like that now--the U.S. federal budget deficit may top $1 trillion in the current fiscal year, and everybody in Washington seems to be looking for ways to make it bigger. Federal Reserve Chairman Ben Bernanke backs more fiscal stimulus, and President Bush is on board too. Democratic congressional leaders are thrilled by the prospect. Even the Concord Coalition, founded to battle the big deficits of the early 1990s, doesn't object...

Author: /time Magazine | Title: The Comeback Keynes | 10/23/2008 | See Source »

Komunyakaa doesn’t break any new ground with his descriptions of Vietnam or of what it is like to survive such a war, but he doesn’t have to, either; Komunyakaa is aiming for something much bigger. “Warhorses” doesn’t rehash the same stories or military clichés that generations of war movies have instilled in us. Instead, Komunyakaa turns to a smaller lens: the perspective of a particular character, or the different objects that constitute war. By boiling war down to its essence, Komunyakaa asks the reader...

Author: By Rebecca J. Levitan, CONTRIBUTING WRITER | Title: New Trick From Old ‘Warhorses’ | 10/23/2008 | See Source »

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