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...natural outcome of human behavior. The commodities boom is one such cycle, he says, and it won't last forever. "These commodity bull markets tend to last 18 to 20 years. The current one started 11 years ago," he says. No one knows when a cycle will end, Rogers says, but it's clear from his ebullient tone that he believes the best part of the ride is still ahead. That especially holds true for certain commodities that have not yet had their big run. "I like gold [partly as an inflation hedge], but I'm even more interested...

Author: /time Magazine | Title: Silver Lining: Jim Rogers Talks Up Commodities | 10/12/2009 | See Source »

...there are no signs that the big Citi sale will end anytime soon. The bank still owes the government $45 billion from this past year's financial-rescue effort, and Citi executives said the bank would like to repay the government soon. Last June, in an unusual move, Citi hired investment banker James von Moltke for the sole job of heading the bank's corporate-disposal effort...

Author: /time Magazine | Title: The Citi Sale That Never Ends | 10/12/2009 | See Source »

...hard on Germany. If North and South Korea were ever to reunite, then Germany would provide the benchmark of success. Just contrast America 100 years after the end of the Civil War with German progress of the last two decades. While Germany has its own racial and immigration problems with sporadic outbreaks of violence, they are nowhere near the magnitude of those in the U.S. The "wounds" seem to me to be healing much faster than you claim. Xavier Chiampi, Aschaffenburg, Germany...

Author: /time Magazine | Title: Inbox | 10/12/2009 | See Source »

...Such celebration may be premature. As 2008 came to an end, every economy in the region had either slowed sharply or tumbled into outright recession. Far from having the autonomous capacity to decouple from weakness elsewhere in the world, export-led developing Asia had become even more tightly tethered to foreign markets than was the case a decade earlier. The export share of panregional gross domestic product (GDP) hit a record 47% in 2007, fully 10 percentage points higher than the portion in the late 1990s. With approximately 50% of those exports earmarked for the rich countries of the developed...

Author: /time Magazine | Title: The Evolution of Asia | 10/12/2009 | See Source »

Obama did pledge - as he has before - to end the Pentagon's "Don't ask, don't tell" policy. But once again he said nothing specific about how he plans to do that and didn't acknowledge that he already has the statutory power to instruct the Pentagon that investigating service members' sexuality is not in the best interest of the armed forces. Also, he said that gay relationships can be "just as real and admirable" as straight relationships, but he did not say gay couples should be treated equally. Obama, after all, still opposes equal marriage rights...

Author: /time Magazine | Title: Obama's Gay Outreach: All Talk, No Action | 10/11/2009 | See Source »

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