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...increase in the rate of home sales was viewed by many as the beginning of a bottom in the housing market. The slide of nearly three years has been blamed for a great deal of the collapse in the banking and credit systems...

Author: /time Magazine | Title: The Housing Mirage: Misleading Numbers | 3/24/2009 | See Source »

...rise in sales does not represent a bottom at all. It is more likely that any movement of buyers into the market will cause desperate sellers to offer homes at lower and lower prices rather than hold onto houses that they cannot afford and may not make money on even if they could hold them for another decade...

Author: /time Magazine | Title: The Housing Mirage: Misleading Numbers | 3/24/2009 | See Source »

...beginning of the month because it had all of the bad news of the next two years priced into it. That is, at least, what the current buyers are saying. All of the high unemployment and poor corporate numbers had been taken into account at the bottom. Under almost any set of circumstances, history would support this analysis. A recession lasts four quarters and then turns into a recovery. (See pictures of TIME's Wall Street covers...

Author: /time Magazine | Title: Why the Market Rally Is Like Waiting for Godot | 3/24/2009 | See Source »

...pulls out a pan from her rack and turns it over and sees a little spot of blood on it, that's such a huge traumatic reminder of what happened. We refuse to let that happen. So what we do is we get lights, we go top to bottom, left to right, like an inch from the wall, just looking over everything. And that's part of the physical side, but it's also the extra step we take to take care of the psychological side. We did a cleanup of a suicide in someone's living room...

Author: /time Magazine | Title: Cleaning Up Death at War — and at Home | 3/24/2009 | See Source »

...Nano sales won't do much in the short run to ease the burden. But Tata Motors' efforts to pioneer cost-saving business processes during the Nano's development could translate into a healthier bottom line down the road. One of these innovations is "distributed manufacturing." Instead of investing in expensive factories and hiring additional workers as sales volumes increase, Tata Motors plans to limit Nano production at its central plant to 500,000 cars every year. Beyond that, it will use satellite plants to build the car's components and distribute these in Nano "kits" to independent entrepreneurs - trained...

Author: /time Magazine | Title: The World's Cheapest Car Debuts in India | 3/23/2009 | See Source »

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