Word: flat-screen
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...nation's recent history. Of all of the amazing growth stories in Asia's economic miracle, South Korea's is probably the most miraculous. In a mere generation, the country transformed itself from an impoverished backwater living on American aid to a globally competitive manufacturer of microchips, cars and flat-screen TVs. Any setback to that progress is taken with grave seriousness. During the 1997 crisis, office workers, too ashamed to tell their families they had lost their jobs, donned business suits each morning only to hide out in the mountainside parks around Seoul. Middle-aged women turned over their...
...years ago, people from Mabini, a small city in the central Philippines, started to leave for Italy to find better-paying jobs. Today, some 70% of the neighborhood is supported by monthly checks from Rome or Milan. Now, Italian-inspired villas crowd the town's hilly streets. There are flat-screen TVs, luxury cars and pricey Toblerone chocolates. But, as Florian De Jesus, a social worker in the area, observes, "In Italy, there are more women...
...firm could bet on, including the toxic mortgage-backed securities that led the way into this crisis. On Main Street, it meant borrowing to buy a house or a condo - maybe two - then perhaps borrowing again off the increasing value of that property to pay for something else: a flat-screen TV, a new set of golf clubs, your daughter's braces...
Polluters such as coal power plants and automobiles have shouldered the brunt of the attention on climate change. It helps that you can actually see them spewing black exhaust. But people often forget that when they plug in their home electronics - whether it's a jumbo flat-screen TV or an iPod - the electricity that juices those devices has a carbon footprint too. As the amount of electronics in our homes continues to increase - half of American households now own three TVs, up from 11% in 1975 - it becomes more and more important that they are energy efficient. Ditto...
...DELHI, INDIA Dream Over "No one dares mention the word shares in our house these days," whispers New Delhi software engineer Sandeep Goyal, "especially not when Dad's around." It's soon evident why. His father, a retired banker, is watching a religious sermon on a Sony flat-screen TV that, along with Sandeep's shiny new HP laptop, is a very visible sign of newfound affluence in the living room of the Goyals' modest home. "I warned him," the ex-banker says suddenly. "Never put all your eggs in one basket. He should have invested in government bonds...