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...what it is, or the market will inevitably decide for it. Where it sits now, it is neither luxury nor low-end, and unless our financial crisis rapidly resolves itself, Am Ap will have to start leaning toward extremes in order to sustain the success to which it has grown accustomed. If it curbs its retail expansion and fully embraces high-end, it will lose a large portion of its consumer base but will gain larger support of wealthy individuals, who will still maintain their spending power despite the recession. If Charney decides to take his business the other...

Author: By Andrew F. Nunnelly, CRIMSON STAFF WRITER | Title: "American In Peril" Outfitters | 10/17/2008 | See Source »

...first glance, there are still plenty of signs of the good life to which this nation of 320,000 had grown accustomed. The parking lot of Kringlan shopping center in Reykjavík is filled with sparkling Audis, Range Rovers and Mercedes. But inside the mall, bleary, blond-haired Icelanders pace the floor like zombies going through the motions of their former existence. "How can I rest easy knowing that everything I've saved all my life is gone?" asks a red-eyed advertising consultant dressed in a woolly cardigan and slippers as he sits in the food court...

Author: /time Magazine | Title: Now the Real Pain Begins | 10/16/2008 | See Source »

...throw them out later.) And by protecting parts of their economy at a time of massive global business consolidation, the state capitalists have built companies capable of competing, and winning, in industries that require scale. According to a study by the American Enterprise Institute research organization, unfree states have grown faster than politically free ones in the past 10 years...

Author: /time Magazine | Title: Central Command | 10/16/2008 | See Source »

...dark, bitter, cynical syrup. Speaking as someone who is more confident in her personality than in her playlist, this cannot be healthy.Perhaps you think I’m overstating the level of the obsession. If commercials and studies haven’t convinced you that the playlist has grown too large in the cultural mind, I’ll draw your attention to the recent film “Nick and Norah’s Infinite Playlist.” Two misunderstood teens fall in love over a series of break-up mixes and a passion for the indie...

Author: By Jillian J. Goodman | Title: Our Sonic Youth | 10/16/2008 | See Source »

Those watery tales have now grown into full-blown clichés. Obama is aloof, self-possessed, cool under fire; McCain is passionate, impetuous, hot under the collar. Each one makes a virtue of his temperament as the right setting for the current climate. Americans, McCain says, "expect me to get angry, and I will get angry, because I won't stand for corruption." His impulsive intervention in the bailout negotiations suited his narrative as an action hero: Suspend the campaign! Postpone the debates! His message is practical, real world, get it done; someone around here has to know when...

Author: /time Magazine | Title: The Temperament Factor: Who's Best Suited to the Job? | 10/15/2008 | See Source »

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