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...That doesn't mean there's no downside. Supersized sovereign debt is likely to depress economic growth. Hefty debt payments lead to heftier taxes, which bite into consumer spending and corporate investment. Economists Carmen Reinhart of the University of Maryland and Kenneth Rogoff of Harvard University found in a recent study that once a country's government-debt-to-GDP ratio passes 90%, growth declines by at least one percentage point a year. For industrialized economies that rarely expand more than 2% or 3% a year, that's a huge chunk. "We're coming at a point in which growth...
That same instinct for self-preservation will probably mean there won't be many outright fights between the two species. "If they hadn't evolved behavioral mechanisms to reduce unnecessary aggression, they would be extinct," Rockwell says, adding, "In 41 years in the field, where I sometimes see 200 bears in a day, I've seen exactly one aggressive encounter...
...mean, come on fellow Chatrouletters. No, I do not want to see some greasy wife-beater-wearing man-animal playing with himself every third time I press the “Next” button. No, I do not want to get paired up with some prepubescent munchkin who claims that he happens to go to Harvard...
...Ireland is the past; America is the future. I mean, I still think of America as the last great hope. I’m a great admirer of America, you know, for all its faults. I get furious at Europe and the easy criticisms of America that Europeans constantly make. Mostly I think because I’ve been there. And of course the people who haven’t been to America know the most about it, as you know, I’m sure...
...question is, how do we ensure a platform for creativity that can include the widest range of our culture?” he asked. “What does it mean to have proper copyright policies...