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...monetary wonks at the European Central Bank in Frankfurt for whom the Greek economy was but a blip. And the decision makers in Athens with responsibility for fiscal policy continued to blunder. The country kept running big deficits in the boom years. Then came the Great Recession. Last fall, a new government revealed that the 2009 budget deficit was much higher than previously disclosed--nearly 13% of GDP. Ever since, the world's financial markets have been going through another of their periodic losses of faith in Greece. Only this time, it isn't just Greece's problem...

Author: /time Magazine | Title: Echoes of Greece's Debt Crisis | 2/22/2010 | See Source »

...just a fall...

Author: /time Magazine | Title: Verbatim | 2/22/2010 | See Source »

Three years later, students walk through Shoemaker's halls quietly in single-file lines, the school's walls are graffiti-free, test scores have increased dramatically, and packages are presumably being delivered on time. If this sounds like an entirely different school, that's because it basically is. In fall 2006, the School District of Philadelphia gave the building over to Mastery, a local operator of charter schools - that is, ones that are publicly funded but privately managed. The adults left, the kids remained, and the once failing school has been turned around...

Author: /time Magazine | Title: A Quick Fix for America's Worst Schools | 2/22/2010 | See Source »

With her heart set on competing in the Olympics for the second time, Hughes returned home to New York to train with her long-time coach Bonni Retzkin. She practiced intensively throughout the summer and the fall semester...

Author: By Stephanie B. Garlock, CRIMSON STAFF WRITER | Title: Skating a Thin Line: Emily A. Hughes '11, U.S. Figure Skating Olympian | 2/22/2010 | See Source »

...show is said to have jumped the shark when, having reached its peak, it tries something desperate or hackneyed to prolong its popularity. Examples of such gimmicks include weddings, births, replacing an actor in a role and adding a "new kid in town." Even the best series can fall into one or more of these traps. And one of them, Big Love, leaps right in. (See the best TV shows of the decade...

Author: /time Magazine | Title: Big Love: Shark-Jumping in Utah | 2/21/2010 | See Source »

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