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...blended into white culture and purged of their heritage (a story more effectively depicted in the 2002 drama “Rabbit-Proof Fence”). Nullah, though, with a speaking pattern and attitude resembling Short Round in “Indiana Jones and the Temple of Doom,” is mostly ineffective as a face of the tragedy. Instead he’s just another participant in a long parade of stereotypes.“The only thing you ever own is your story,” says Drover at one point. The importance of storytelling is stated...

Author: By Samuel E. Chalsen, CONTRIBUTING WRITER | Title: Australia | 12/5/2008 | See Source »

...gloom-and-doom camp makes a persuasive case. Nouriel Roubini, a professor at New York University, had been warning for years of the dangers of an international financial implosion - and the current economic crisis proved him depressingly right. In a recent article Roubini has laid out a bleak scenario for China. "The risk of a hard landing in China is sharply rising," he writes. "A deceleration in the Chinese growth rate ... is highly likely, and an even worse outcome cannot be ruled out." But a clique of China specialists inside the country predicts a different outcome. They believe that...

Author: /time Magazine | Title: A Nation Apart | 11/27/2008 | See Source »

...That puts Goldman well ahead, for the moment at least, of even Nouriel Roubini, the New York University professor known as Dr. Doom - whose current forecast is about -4%. Lots of Wall Street economists less renowned for their gloominess have by now moved past the -3% mark. In fact, one explanation for the stock market's horrible week could be that the realization of just how bad the quarter will be is finally sinking in among investors. (See the Top 10 Dow Jones drops...

Author: /time Magazine | Title: Looking Ahead: A Bad Recession or Something Worse? | 11/21/2008 | See Source »

...index from a secret sauce of indicators. Its latest was released Friday and showed the sharpest decline in the history of the data series, which goes back to 1949. "We have plenty of gloom," says ECRI managing director Lakshman Achuthan. "But having said that, we haven't gone into doom...

Author: /time Magazine | Title: Looking Ahead: A Bad Recession or Something Worse? | 11/21/2008 | See Source »

Ford is by no means wishing doom on its fellow Detroiters. It shares most of the same big parts suppliers, so a disruption in the supply chain that a bankruptcy would invariably cause would hurt Ford too, and even halt production temporarily. But longer term, customers might flock to a U.S. company that isn't in bankruptcy and thus stands 100% behind its products - and is free to operate without court supervision...

Author: /time Magazine | Title: Ford Might Be the Winner if the Auto Bailout Fails | 11/19/2008 | See Source »

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