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Then there are China's fragile banks, which could be hit by waves of defaulting loans as factories fold. Although Chinese banks during the current boom have been able to reduce their unusually high proportion of nonperforming loans carried on their books, declining corporate earnings will diminish borrowers' ability to repay their debts. While it's difficult to assess the overall exposure of banks to the manufacturing sector, it's easy to imagine lenders getting caught in a Chinese-style credit crisis if manufacturing contracts sharply...

Author: /time Magazine | Title: China's At-Risk Factories | 4/17/2008 | See Source »

...earlier women have children, the less likely they are to earn a doctorate or land a high-paying job. After World War II, the baby boom began a boost in the birth rate and a drop in the median age of marriage. In return, women’s share of doctorates declined. Before World War II, however, women earned larger shares of doctorates than they did during the 1950s or 60s. In fact, women’s share of doctorates hit a record high in 1972—the same percentage it had reached...

Author: By Brian J. Bolduc | Title: The Crack in the Glass Ceiling | 4/16/2008 | See Source »

...name,” Scott says. “If you lose the comics, you lose the history. It’s just ‘Newbury’ without the ‘Comics.’”‘SPECULATORS’The recent boom in superhero movies is not the first time that comics became profitable for non-fans. In the mid-1990s, there was a bubble in the market for comics as collectibles. Comics with “limited-edition” cover art or comics billed as “landmark first...

Author: By Abe J. Riesman, CRIMSON STAFF WRITER | Title: KA-POW! | 4/11/2008 | See Source »

Date My House--and HGTV's Sleep On It, which has essentially the same premise--points up the shift in power between buyers and sellers. During the housing boom, it was the buyers who were afraid they might have to date (i.e., rent) forever. Your house was a coy Victorian maiden with eager suitors queuing up in the parlor. Now it's Lily Bart in The House of Mirth, facing squalor and destitution should it fail to find a suitable match. It's a contestant on The Bachelor, competing with a crowd of others and pining for a private date...

Author: /time Magazine | Title: TV Home Shows Learn to Love the Bust | 4/10/2008 | See Source »

Ground Beef up 8% CHILE The biofuel boom has strained food supplies throughout South America. Floods and a farm strike have made things worse...

Author: /time Magazine | Title: Briefing | 4/10/2008 | See Source »

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