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Certainly the U.S. did not embrace the idea of carry trades being funded by the greenback, because this worked to only further weaken the dollar against major currencies, including the euro, the British pound and the Swiss franc. This made imports more expensive for consumers - at least in theory. (In reality, because of the size of the U.S. market, few importers could risk raising their prices for fear of being pushed...

Author: /time Magazine | Title: The Carry Trade: Betting on Bad Currencies | 2/11/2010 | See Source »

...that prognosis might change as the year unfolds. Like Greece, both Britain and the U.S. have dangerously high levels of outstanding debt, largely due to stimulus spending and bailouts intended to get their respective economies back on their feet. While this might spell trouble for the dollar and British pound, it's a looming opportunity for those who ply the carry trade...

Author: /time Magazine | Title: The Carry Trade: Betting on Bad Currencies | 2/11/2010 | See Source »

Mycelium doesn't taste very good, but once it's dried, it has some remarkable properties. It's nontoxic, fireproof and mold- and water-resistant, and it traps more heat than fiberglass insulation. It's also stronger, pound for pound, than concrete. In December, Ross completed what is believed to be the first structure made entirely of mushroom. (Sorry, the homes in the fictional Smurf village don't count.) The 500 bricks he grew at Far West Fungi were so sturdy that he destroyed many a metal file and saw blade in shaping the 'shrooms into an archway...

Author: /time Magazine | Title: Industrial-Strength Fungus | 2/8/2010 | See Source »

Today, on a cold February afternoon, he practices the weight throw—and all the footwork and technique vital to its success—for an hour and a half. That means spinning around four times to gather strength and then throwing a 35-pound ball attached by a chain to a metal handle that Brady holds...

Author: By Scott A. Sherman, CONTRIBUTING WRITER | Title: Brady Throws His Way Into Stardom | 2/4/2010 | See Source »

Towards the end of seventh grade he picked up a shotput—a 16-pound ball that is thrown from the neck—for the first time...

Author: By Scott A. Sherman, CONTRIBUTING WRITER | Title: Brady Throws His Way Into Stardom | 2/4/2010 | See Source »

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