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...have to disagree with your critic's assessment of the movie Crash--that "people either like the movie or loathe it" because "it is too wide-ranging to really draw you into the lives it recounts" [Feb. 27]. People loathe it because they are forced to recognize their own flaws in the ugly and in some cases unforgivable failures of the movie's characters. I loved Crash because it is not just a story about the people of Los Angeles but also a beautiful film that shows the very real flawed and fractured lives of regular Americans...

Author: /time Magazine | Title: Letters: Mar. 20, 2006 | 3/12/2006 | See Source »

What's key is that the wider car addresses what Pemberton calls G-force spikes, known to the rest of us as the crash. "It's the amount of energy absorbed over time," he explains. The farther the driver is from the impact, the more time the energy has to dissipate. To help it along, NASCAR has added front and rear crumple zones. It is also studying the addition of more crash protection for the right front, the most frequent collision point...

Author: /time Magazine | Title: Sport: The NASCAR Of Tomorrow | 3/12/2006 | See Source »

...First to arrive on the scene were the value players, who saw in the crash the opportunity to find treasure. And diamonds there were aplenty; after all, Japan has a massive and highly sophisticated economy. Some of the early successes in recovery, such as Nissan, and Shinsei Bank, created from the shell of the bankrupt Long-Term Credit Bank, served to create an inkling of confidence. Companies began to clean house. Entire sectors of the economy were reorganized. Twenty steel businesses became four; nearly two dozen banks became three. Then China's explosive growth and a rebound...

Author: /time Magazine | Title: It's Morning in Japan | 3/12/2006 | See Source »

...worth remembering how Japan got to where it is now. The crushing collapse of the country's financial markets at the beginning of the 1990s exposed Japan to an economic debacle equivalent in scale to the one that laid waste the U.S. after the Wall Street crash in 1929 and the Great Depression. Scores of Japan's banks and insurance companies imploded, unemployment and bankruptcies soared, real estate values melted, and the credit system turned to mush...

Author: /time Magazine | Title: It's Morning in Japan | 3/12/2006 | See Source »

...cautiously) followed the European economic way. The paradox of this chiasm between the European deficit of sovereignty and the American deficit of discipline is that if both blocs continue to follow their respective paths, each will probably hit its own wall, but, by trading courses, both can avoid a crash. Moreover, what is now one area’s liability could tomorrow become the other’s asset...

Author: By Éloi Laurent | Title: A Swap in EU-U.S. Economic Policy | 3/10/2006 | See Source »

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