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...Still, there are some who believe the jump in bullion is an early warning sign that the U.S. government's efforts to quell the recession will backfire. The fear is that the trillions of dollars the government is spending to safeguard the financial sector and boost the economy could result in massive deficits and mounting inflation. "People who are buying gold are buying into the argument that the Federal Reserve will not be able to take back all the liquidity it has poured into the market and protect against inflation," says James DiGeorgia, editor of the newsletter Gold and Energy...

Author: /time Magazine | Title: Gold Tops $1,000: Good or Bad Sign for the Economy? | 9/9/2009 | See Source »

...Price Index fell 0.2% in July and was down about 2% this past year. That's not inflation; that's the opposite. And while the economy seems to be recovering, it is still slow going. Unemployment continues to climb. Inflation, however, typically occurs when the economy is hot - the result of too many buyers for too few goods. Many think it will be months or years before the economy gains that much steam again. "Our prediction is that core inflation will not pick up until 2011," says Adam...

Author: /time Magazine | Title: Gold Tops $1,000: Good or Bad Sign for the Economy? | 9/9/2009 | See Source »

...past several years, Britain's Department of Health has spent about $200 million a year on hiring international management-consultant firms, hoping to find ways to counter rising health-care costs associated with an aging population, expensive new medical treatments and rising patient expectations. The result is often a clash of cultures. A former analyst at A.T. Kearney, who spoke to TIME on condition of anonymity because of a nondisclosure clause in his contract, recounted the reaction of senior British health officials when he suggested that they adjust for increases in pharmaceutical costs by upping the fee patients...

Author: /time Magazine | Title: Can Socialized Medicine Be Cost-Effective? | 9/9/2009 | See Source »

...quit on Karzai, the result would be disastrous for both Afghanistan and the U.S., says Ashraf Ghani, a U.S.-educated presidential contender. "If the U.S. leaves, it will be 'dog eat dog' here. We'll be the human zoo of the region," says Ghani. Like other Afghan intellectuals, Ghani foresees a grisly scenario in which the Taliban sweeps into Kabul, taking revenge on thousands of "collaborators" who helped Karzai and the Americans. Millions of ordinary Afghan citizens - including those who embraced the Western promises of education for girls, democracy and a place for Afghanistan in the 21st century - would flee...

Author: /time Magazine | Title: Can the U.S. Still Work with Afghanistan's Karzai? | 9/8/2009 | See Source »

...Such a situation does simulate a public-speaking environment—if every student actually feels pressure to contribute. All too often, the three individuals who enter the class perfectly at ease in front of a group monopolize section discussions, leaving everyone else relieved (and slightly annoyed). As a result, those who most need the practice can easily retreat to the back, avoiding the immediate discomfort but also forgoing a greater opportunity...

Author: By Molly M. Strauss | Title: Speak Your Mind | 9/7/2009 | See Source »

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