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...Retrenchment is to look at the amount of debt the typical household carries as a percentage of its disposable income. The ratio of debt to income increased from about 35% in the early 1950s to about 65% by the mid-1960s, where it more or less stayed until the late 1980s. That's when debt started its epic rise, hitting 100% of income in 2001 and going all the way up to 133% in 2007. (Read "Five Reasons for Economic Optimism...

Author: /time Magazine | Title: A Drag on the Economic Rebound: Consumer Spending | 6/10/2009 | See Source »

...incoming Hendrix College freshmen ages 17 to 20 to fill out a questionnaire about their sleep preferences prior to arriving on campus. Regardless of how much they actually slept, Peszka asked them whether they considered themselves owls, larks or, in the case of those who were neither very late or very early sleepers, robins. Students also answered questions about their sleep "hygiene" - factors that contribute to quality of sleep, such as adhering to a regular bedtime, waking up at the same time every day, or exercising or drinking caffeine before trying to sleep. One year, Peszka asked the same students...

Author: /time Magazine | Title: Larks and Owls: How Sleep Habits Affect Grades | 6/10/2009 | See Source »

...study did not delve into the details of why owls may perform worse in school, but Peszka suspects it may boil down to "an owl living a lark's schedule." Students with late bedtimes still end up taking early morning classes, which means they often end up feeling sleepier and less alert during the day. In fact, in Peszka's study, night owls slept 41 minutes less each night than the other students, but were still attending early classes, during which they reported sleepiness and inability to concentrate, which, unsurprisingly, led to lower scores at exam time...

Author: /time Magazine | Title: Larks and Owls: How Sleep Habits Affect Grades | 6/10/2009 | See Source »

...round of protests were low-key in the beginning, but tensions increased as the weeks passed. Indigenous demonstrators began blocking roads and rivers, as well as the northern oil pipeline. The pipeline was closed in late April and the state oil company announced it was losing nearly $120,000 daily. Oil fields in the northern jungle were closed in early June. This was, apparently, one of the reasons that led to the fatal decision to order police officers to open roads and the remove protesters from the pipeline. Garcia has been talking about making Peru an oil and gas superpower...

Author: /time Magazine | Title: Peru's Deadly Battle Over Oil in the Amazon | 6/10/2009 | See Source »

...also possible that administrative overzealousness might be a factor, given similar past decisions by MIIT. Ma of IDC says the episode is an "eerie reminder" of the move in late 2003 by the government to require manufacturers of wireless networking products to adopt a Chinese standard called WAPI for encryption of wi-fi wireless communications, even though there was a widely adopted international standard. In that case, howls of protest from manufacturers, not to mention intervention by then Secretary of State Colin Powell, forced Beijing to back down...

Author: /time Magazine | Title: China Netizens Angry Over Web Porn Crackdown | 6/10/2009 | See Source »

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