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...Former U.S. Federal Reserve Chairman Alan Greenspan argued that bubbles could only be recognized in hindsight. But investors - who have been well schooled in the dangers of bubbles over the past decade - are increasingly wary that prices have risen too far, and that the slightest bit of negative economic news could knock markets for a loop. These fears are compounded by the possibility that Asia's central bankers will begin taking steps to shut off the money spigots and bring the party to an end. On July 29, rumors that Beijing was on the verge of tightening credit sent Shanghai...

Author: /time Magazine | Title: Asia's Easy-Money Policies: Fueling New Bubbles? | 7/23/2009 | See Source »

...China, his jersey being outsold in recent years by other NBA stars like Kobe Bryant. But he is still closely followed. "I'm so bummed out about his injury," says Yan Xin, 27, a Yao fan who never misses a Rockets game when they are televised in China. "In hindsight, he should have just focused on the NBA, and not be forced to play for the Chinese national team. I can't imagine how anyone can deal with such overwhelming pressure and intense schedules." (See pictures of China's sports schools...

Author: /time Magazine | Title: China Fears Yao Ming Injury Could End His Career | 7/1/2009 | See Source »

...didn't care about the ridicule that might have come from those who'd already dismissed Michael as not black enough, even though, at 7, I was already wrestling with my racial identity. Within a year, most of the record collection had been scratched from overuse or lost. In hindsight, it was far too precious a gift for a 7-year-old. I cringe at the thought of how valuable they might be today. (See TIME's photos of the world mourning Michael Jackson...

Author: /time Magazine | Title: Michael Jackson and the Black Experience | 6/27/2009 | See Source »

...read The Feminine Mystique: how staggering it was to grasp that the path I imagined when I entered college was far too limited. My subsequent path, therefore, was always built upon conflicting expectations about what women in general, and what I in particular, could or should do. In hindsight, this turmoil was very liberating. Because I did not have a sense of my professional opportunities, and society was confused about what was appropriate for women, I was free to find my interests, take odd paths, even sit it out for a while...

Author: By Judith H. Kidd | Title: The Restart Option | 6/2/2009 | See Source »

Padel denied any involvement in the poison-pen letters but tendered her resignation after admitting that she had "naively - and with hindsight unwisely - passed on to two journalists ... information that was already in the public domain." Her departure proved as polarizing as her election. "What she has done is so much more trivial than her contribution to poetry," said the novelist Jeannette Winterson. "We ought to be able to look beyond the woman to the poetry. This is a way of reducing women; it wouldn't have happened to a man. But then Oxford is a sexist little dump...

Author: /time Magazine | Title: Darwinian Struggle: A Poet Felled by Scandal | 5/26/2009 | See Source »

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