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...Take the Asian financial crisis of 1997. In South Korea, the biggest corporate failure - the collapse of the humungous Daewoo Group - happened two years after the onset of the crisis, when healthy economic growth had already returned. The crisis had undermined the fundamental willingness of a reformed banking sector and reform-minded government to continue backing the country's bloated and financially irresponsible companies. Daewoo's problems originated before the Asian crisis, but they only exploded after the crisis...

Author: /time Magazine | Title: The Lesson of Dubai: The Crisis Is Not Over | 11/30/2009 | See Source »

...crash in the autumn of 1987 made him, for a time, one of the most influential Wall Street gurus. After the market started its 1990s bull run, though, Prechter seemed to lose his touch. In 1995 his book At the Crest of the Tidal Wave predicted the onset of a "great bear market." The bear arrived, but not for five years. In 2002's Conquer the Crash he predicted the onset of a "deflationary depression." Again, he was years early. (See 10 big recession surprises...

Author: /time Magazine | Title: Riding the Waves of Irrational Behavior | 11/30/2009 | See Source »

Spack, the senior associate in the endocrine division at Boston Children’s Hospital, co-founded the Gender Management Services Program, a clinic that provides treatments to delay the onset of puberty in children questioning their gender...

Author: By Alice E. M. Underwood, CONTRIBUTING WRITER | Title: Doctor Promotes Medical View of Transgenderism | 11/24/2009 | See Source »

...backlash against overparenting had been building for years, but now it reflects a new reality. Since the onset of the Great Recession, according to a CBS News poll, a third of parents have cut their kids' extracurricular activities. They downsized, downshifted and simplified because they had to - and often found, much to their surprise, that they liked it. When a TIME poll last spring asked how the recession had affected people's relationships with their kids, nearly four times as many people said relationships had gotten better as said they'd gotten worse. "This is one of those moments when...

Author: /time Magazine | Title: The Growing Backlash Against Overparenting | 11/20/2009 | See Source »

...Abdullah, withdrew from a runoff race that he said would not be fair. Abdullah continues to insist that Karzai's re-election was illegitimate, underscoring the fact that the election's outcome leaves Obama saddled with an Afghan partner who is even more discredited than he was at its onset. News from the battlefront is equally grim. October saw the highest monthly death toll of U.S. soldiers since the war began, and on Nov. 3 five British soldiers were killed when fired on by an Afghan policeman - it is still unclear if the shooter was a Taliban plant. (See pictures...

Author: /time Magazine | Title: Can the U.S. Win in a Karzai-Led Afghanistan? | 11/5/2009 | See Source »

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