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...far the euro and yen top the list of must-watch "funding" currencies for 2010, but that prognosis might change as the year unfolds. Like Greece, both Britain and the U.S. have dangerously high levels of outstanding debt, largely due to stimulus spending and bailouts intended to get their respective economies back on their feet. While this might spell trouble for the dollar and British pound, it's a looming opportunity for those who ply the carry trade...

Author: /time Magazine | Title: The Carry Trade: Betting on Bad Currencies | 2/11/2010 | See Source »

...chant—which Ho credits to sophomore football teammate Jonathan Mason—now has its own YouTube video with over 1,800 hits. Still, it doesn’t come close to replicating the sound of Lavietes on Friday night. The sell-out crowd was by far the loudest I have heard at any Harvard sporting event...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: Crimson Relies On Sixth Man | 2/11/2010 | See Source »

...Sarah Palin asked the anti-élitist Tea Party élites - those who could pay $549 for a ticket - gathered in suffocating self-righteousness at the Opryland Hotel on the first weekend of February. It was classic Palin, a brilliant line, brilliantly delivered: she does folksy far better than George W. Bush or any of the other Republican focus-group populists ever did. It was the signature line of her speech, which rocked the joint - and then, slowly, began to rock the national political community. The speech was inspired drivel, a series of distortions and oversimplifications, totally bereft of nourishing...

Author: /time Magazine | Title: It's Her Party: The Brilliance of Sarah Palin | 2/11/2010 | See Source »

...Palin hits the same mystic chords as Clinton. A woman who goes to war against the 19-year-old boy who knocked up her daughter and then posed for Playgirl is far more comprehensible to most Americans than deficit spending is. In her Fox interview with Chris Wallace the day after her Nashville speech, Palin said she'd been focusing more on "current events" since she quit as governor of Alaska. She quickly corrected herself and said "national issues," but she probably shouldn't have: current events is American for "policy." It is the high school term...

Author: /time Magazine | Title: It's Her Party: The Brilliance of Sarah Palin | 2/11/2010 | See Source »

...far that hasn't happened. The Chinese government has cracked down on activists just as aggressively during the first few weeks of 2010 as it did last year. In the past week, a court in Sichuan sentenced an activist investigating the deaths of children in schools that collapsed in the 2008 earthquake, a court in Beijing confirmed a lengthy jail term for the author of a 2008 pro-democracy manifesto, and the family of a trailblazing defense lawyer marked the one-year anniversary of his disappearance, which was presumably at the hands of state security officers. "This series of repression...

Author: /time Magazine | Title: China's Crackdown on Dissidents Continues | 2/11/2010 | See Source »

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