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...little inflation is considered normal and healthy for growing economies, a prolonged deflationary period is a recipe for economic misery. Falling prices drag down corporate earnings, wages, consumer spending and investment by businesses, and can lead to a deflationary spiral like the one the world experienced during the Great Depression. "If price deflation leads to asset deflation and that leads to further deterioration, then that will lead to the collapse of the economy," says JPMorgan Securities chief economist Masaaki Kanno. Deflation has periodically plagued the Japanese economy for the last 15 years, ever since a spectacular asset bubble burst...

Author: /time Magazine | Title: Japan's Latest Economic Ailment: Deflation | 11/20/2009 | See Source »

...tremendously excited for the great steps forward the newest Guard will take," Child said Friday. "They are an amazingly talented and tenacious group of people, and I am confident they will serve as great leaders of the newspaper in the year ahead...

Author: By Crimson News Staff, CRIMSON STAFF WRITER | Title: Zhu To Lead 137th Crimson Guard | 11/20/2009 | See Source »

...Destruct,” reveals the shortcomings of this formula. As before, the album is limited to the rap’s essential subjects: self-promotion, industry feuding, and street cred. This newest release also resembles 50’s past success in its stellar production and moments of great lyrical intensity. But “Before I Self Destruct” is limited by its combination of forgettable hooks, tired themes and unfocused narratives...

Author: By Alex E. Traub, CONTRIBUTING WRITER | Title: 50 Cent | 11/20/2009 | See Source »

Throughout his tale, Cal recounts a century of American history—Ellis Island, the Great Depression, the River Rouge Ford plant, Vietnam, Detroit race riots, the desegregation of schools, Watergate, the Cold War, and the oil embargoes. In doing so, Eugenides questions what it means to be American—citizenship, attitude, and history. Despite being third generation American and despite her family having climbed the class ladder­—at least achieving the financial aspect of the American Dream—Calliope feels out of place in her private preparatory all-girls school...

Author: By Kristie T. La, CONTRIBUTING WRITER | Title: Eugenides’ Transitive Epic | 11/20/2009 | See Source »

...Yale Bulldogs. You are the Harvard Crimson. Our mascot is a Bulldog, Handsome Dan. Your mascot is…a color? Who thought up that great idea? Probably the same guy who thought it would be a great idea to name an Ivy League school after the color of biological waste. I’m lookin’ at you, Brown...

Author: By John Song, CONTRIBUTING WRITER | Title: YALE: Why the Bulldogs Will Win on Saturday | 11/20/2009 | See Source »

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