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...market in decades, it will create a nearly perfect way to destroy sales for The Big Three just as new models for 2010 are being introduced. It is hard enough to attract new buyers to the car showrooms without having an auctioneer from Sotheby's down the block taking rapid fire bids on Jeeps and Pontiacs. This will just increases the panic that car buyers feel about the reliability of their local dealers. In order to sell newer models, dealers will have to offer deep discounts and incentives to potential buyers. This means that the car companies and the dealers...

Author: /time Magazine | Title: GM and Chrysler: The Revenge of the Car Dealers | 5/19/2009 | See Source »

Meanwhile, as the H1N1 virus continues its rapid spread around the world - as of May 18, 40 countries had officially reported 8,829 cases, including 74 deaths - nervous customers have been snapping up face masks in the U.S. Prestige Ameritech's sales have doubled in recent weeks, forcing the company to maintain a seven-days-a-week production schedule to keep up with demand. Even though Prestige Ameritech is a wholesaler that sells its products to retailers, such as 3M, there have been so many people trying to buy masks directly from the Prestige factory in suburban Fort Worth that...

Author: /time Magazine | Title: A New Pandemic Fear: A Shortage of Surgical Masks | 5/19/2009 | See Source »

...global economy improves, based on their own specific supply-and-demand conditions. This makes timing a turnaround complicated. Rogers says he expects commodities prices to be among the first to rise, out of all asset classes, when economic growth begins to return. Other experts argue against a rapid rebound, because inventories are high for commodities such as oil, and because demand for natural resources has been so thoroughly squelched in some industries that it may not fully recover any time soon. Francisco Blanch, head of commodities research for Merrill Lynch in London, says he doesn't expect overall demand will...

Author: /time Magazine | Title: Commodities Conundrum | 5/18/2009 | See Source »

...occasional pathogen will get through even the most vigilant early-warning system. Viruses, after all, are pretty good at what they do. A new flu pandemic is all but inevitable, and while the response to H1N1--the rapid deployment of Tamiflu, the blizzard of advice from the Federal Government--shows we're better prepared for a pandemic than ever before, it doesn't mean we're truly prepared. A virulent flu pandemic--one that spreads throughout the world and sickens 25% to 30% of Americans--would cause our health-care system to crash like an overloaded website. Partly because...

Author: /time Magazine | Title: How to Prepare for a Pandemic | 5/18/2009 | See Source »

...eastern border has passed and that troops should be moved to the west, where both Pakistani and Afghan Taliban have set up training camps. To many Pakistanis, that message is suspect. The Americans have too long a history of pursuing their own interests in the region, they say. The rapid U.S. withdrawal at the end of the Soviet war in Afghanistan left Pakistan in chaos. America's long support for former President Pervez Musharraf's military rule alienated Pakistanis even further. Now it is commonly accepted that every political move in the country conceals an American motive, a belief shared...

Author: /time Magazine | Title: How Pakistan Failed Itself | 5/14/2009 | See Source »

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