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...midst of a financial crisis that grew out of poor lending practices and excessive leverage right here in the U.S.A. Americans will feel the pain: we're surely already in a recession, and there's a good chance that it will get significantly worse. But guess what - the rest of the world may end up suffering as much or even more than...

Author: /time Magazine | Title: The Bright Side of Friday's Dow Drop | 10/24/2008 | See Source »

...result, we've been able to partially default on our giant debts to the rest of the world without actually defaulting - thanks to the decline in the dollar over the past five years. Chinese taxpayers, whose government holds a lot of that debt, may end up losing as much or more money (as a share of GDP) on the U.S. financial crisis as taxpayers here will...

Author: /time Magazine | Title: The Bright Side of Friday's Dow Drop | 10/24/2008 | See Source »

...panic a few weeks ago, the dollar has been rising against the world's other major currencies. There simply isn't a credible replacement, at least not yet. And until that changes, the U.S. will keep getting to export at least part of its financial woes to the rest of the world. As it did today...

Author: /time Magazine | Title: The Bright Side of Friday's Dow Drop | 10/24/2008 | See Source »

...solid interplay between guitar and drums. One of the best tracks on the album, “Spoilin’ for a Fight” is hair-splitting in the best possible sense. A wailing, brief guitar riff that tickles the ear leaves its calling card throughout the rest of the song, lingering in the psyche and making my fingers itch to try out that line on my Gibson SG air guitar. “Smash and Grab” is another favorite, with a particularly strong and moving rhythm section, not to mention the sick guitar solo just before...

Author: By Anna E. Sakellariadis, CONTRIBUTING WRITER | Title: AC/DC | 10/24/2008 | See Source »

...graduate student put the silicon wafers and the gas in a chamber and shot them with short, intense laser pulses—the focus of Mazur’s research at the time. “The rest,” Mazur said in a recent interview, “is history...

Author: By Alissa M D'gama, CRIMSON STAFF WRITER | Title: By Accident, Harvard Scientists Create Black Silicon | 10/24/2008 | See Source »

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