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...plan was to max out on leisure, binge on self-gratification until I could take it no more," writes Ayres in his comic satire, the satire part of which is more satisfying than the comic. As a portrait of pre-recession, debt-financed, image-obsessed Los Angeles, Death By Leisure is spot-on in its details, though the British writer succeeds in making the city sound like the worst place in America, full of status-obsessed grifters like himself. Whether it's sneaking into Michael Jackson's Neverland Ranch or finagling his way into a studio exec bash, Ayres simultaneously...

Author: /time Magazine | Title: A Brit in Los Angeles, Deep in Debt | 2/17/2009 | See Source »

...Administration's new plan to keep people in their homes by reducing what they have to pay for their mortgages each month actually has a similar effect on "ownership" although that may not be apparent at first. (See pictures of renting a modernist home...

Author: /time Magazine | Title: Americans Become A Nation of Renters | 2/17/2009 | See Source »

...medium" medical cases fielded by Japan's ambulance system increased by 56% and 58%, respectively, between 1996 and 2006. Last year, Health Minister Yoichi Masuzoe urged communities to help to ease the burden on their hospitals and called for an increase in the number of trained doctors, but his plan has been criticized for lacking specific measures. Child care circles, such as those developed by communities in the Kansai area, are examples of how mothers educate each other on what qualifies as a medical emergency for their children, and what doesn't - a system that could also work...

Author: /time Magazine | Title: Are Japan's Emergency Rooms in Trouble? | 2/16/2009 | See Source »

...Last December, E.U. leaders agreed on a joint $250 billion economic stimulus plan for the region's economy. But since then, many governments have announced their own national measures aimed at supporting their own banks or economic growth. And now individual sectors are beginning to line up for handouts...

Author: /time Magazine | Title: Amid Crisis, Cars Start to Drive Europe Apart | 2/16/2009 | See Source »

...proliferation of national measures has alarmed the European Commission, which fears that France and others will use the downturn to undermine market and competition law. Commission President José Manuel Barroso pledged to scrutinize the French plan to make sure it worked "with the grain" of E.U. rules and maintained the integrity of the single market. "Some think that retrenching within their own group, their own region, their own country is the right response," he said. "But this carries the risk of unilateral reactions leading to a vicious downward spiral...

Author: /time Magazine | Title: Amid Crisis, Cars Start to Drive Europe Apart | 2/16/2009 | See Source »

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