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...since a bank's assets are its loans. Fewer loans mean tighter business conditions on Main Street. Your local car dealer won't be able to get the credit he needs to maintain his inventory of automobiles. To survive, he'll have to lay off some of his employees. Expect higher unemployment nationwide...

Author: /time Magazine | Title: The End of Prosperity? | 10/2/2008 | See Source »

Star Wars: The Clone Wars Cartoon Network; Fridays, 9 p.m. E.T. If you judge this series by the standards of the original trilogy--i.e., if you expect it to be good--then yes, it's as disappointing as the summer movie it follows. If you think of it as a kid-oriented spin-off product--well, it still suffers from characters with all the vibrancy and pizazz of a PowerPoint marketing plan. But a successful marketing plan, since the vivid CGI (and lots of Yoda) will draw the younglings...

Author: /time Magazine | Title: 5 Things You Should Know About | 10/2/2008 | See Source »

Sometimes you're accused of being a sellout, like they expect you to languish in obscurity forever just for them. That's unreasonable. The people who do get angry at you for going off and doing a Hollywood film, it's like you've betrayed them. I don't even know who "they...

Author: /time Magazine | Title: 10 Questions for Simon Pegg | 10/2/2008 | See Source »

Socially, we use comedy differently. British people tend to employ irony a little more. Often, I find, my American friends when they are being ironic will say, "Just kidding," afterward. We'll say, "You come do this, or I'll smack you in the face," and expect that person to realize that we're not being serious...

Author: /time Magazine | Title: 10 Questions for Simon Pegg | 10/2/2008 | See Source »

...That was brought home to me at a World Economic Forum conference in China last weekend, when I found myself (these things happen) at dinner with three Swedish entrepreneurs. They were, as you would expect, fun, clever, technologically up to the minute. And I thought: What do Sweden and China have in common? Just this, perhaps: one already rich, one rapidly becoming richer, neither nation is in thrall to American verities on the ways in which societies should be organized...

Author: /time Magazine | Title: American Leadership, a Casualty of the Meltdown | 10/1/2008 | See Source »

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