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China has $2 trillion in U.S. debt. Do you think at some point these countries are just gong to say, "We're done? We're not going to keep underwriting your debt?" If so, what happens then...
...more realistic threat is one of terrorism backed by extremists. The U.S. government is right to point out that there have been no attacks on American soil since 911, but there have been violent incidents in Spain, the U.K., India, and a number of other countries where homeland security is not as good as it is in the U.S. The fact that as recently as 2004, terrorists could kill more than 170 people on the Madrid commuter railroad system is an extraordinary reminder that some parts of the social and business infrastructure in the developed world are still terribly vulnerable...
...Storch is quick to point out that while the economy has heightened the urgency of the "R" Market initiative, the company has been preparing for its launch for the past few years. He emphasizes that Toys "R" Us isn't shifting its focus from the fun stuff. The percentage of square footage dedicated to the "R" Markets will be in the "single digits," according to Storch. In the Phillipsburg Toys "R" Us, for example, manager Mark Schantz estimated that the "R" Market took up just 1,300 of the store's 30,000 square feet - that's just 4.3%. Storch...
...most part unimpressed. Over the course of two hours on a Friday afternoon, only a handful of customers even wandered over to the "R" Market, which had been open for about two weeks. Granted, the store wasn't exactly packed in the toy aisles either. And up till this point, Toys "R" Us hasn't publicized its new initiative, so some customers might not even have been aware of it. Still, the new department was visibly positioned at the front of this particular store. Any reasonable retailer could expect a few more visitors...
...have acknowledged that containment is no longer an option. So, while raising the alert level, the WHO also recommended that countries do not close borders or impose travel bans. "Restricting travel would have very little effect on stopping the movement of this virus," said Fukuda. At this point, trying to close borders would be like closing the barn door after the horse has bolted - better to focus on community-level protections like better disease surveillance and hygiene. (Read "Battling Swine Flu: The Lessons from SARS...