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...away at any potential profits. If you made one trade per day, you'd be losing 1% of your account value per week just on fees and slippage. At least at the roulette wheel they bring you free cocktails when you're hemorrhaging cash. (Read "How the Coming Rise in Gas Prices Will Change the World...

Author: /time Magazine | Title: So You Want to Be an Oil Speculator? | 8/10/2009 | See Source »

...19th century, Germany - or perhaps more accurately, Germanic central Europe - was a technological and scientific powerhouse, its universities nurturing geniuses like Einstein, Heisenberg and Schrödinger, whose discoveries changed the way we thought of, well, everything. Then came the carnage of World War I, the rise of fascism and communism, the mass murder of European Jews and the flight of those who could escape it, often to the U.S. All of this contributed to a shift of the center of scientific progress away from Europe. Some aspects of the great European disaster might have been foreseeable...

Author: /time Magazine | Title: Into the Unknown | 8/10/2009 | See Source »

...This will not be easy. Somehow, U.S. diplomats must help convince all three Asian nations that they can rise together, rather than descend into bitter rivalry. Japan will need special attention; its politics are becoming worryingly sclerotic, and it is beginning to feel overshadowed by China. Tokyo may soon need reassurance that Washington still takes the alliance seriously. But for all the difficulties ahead, the accompanying charts should give a glimmer of hope. The U.S. and the three Asian giants are becoming ever more closely interconnected - and not just economically. We have become familiar with the way in which trade...

Author: /time Magazine | Title: Into the Unknown | 8/10/2009 | See Source »

...mutual familiarity of German and British élites in the decades before World War I - which did nothing to prevent the two nations going at each other like frenzied dogs. The point is simple: China may amaze us today, but nothing about its future is certain. Its rise, like Germany's 100 years ago, could lead to murderous rivalries. Or it could help usher in a period in which more of humankind has more material benefits, enjoyed in peace, than has ever been known before. We can only watch, and wonder...

Author: /time Magazine | Title: Into the Unknown | 8/10/2009 | See Source »

Blaming Islam Last December, Wilders addressed a Jerusalem conference called Facing Jihad. "The dogmas of the quiet past are inadequate to the stormy present," he intoned. "The occasion is piled high with difficulty, and we must rise with the occasion." If these phrases seem familiar, that's because they're borrowed from Abraham Lincoln, who framed them as civil war raged in the U.S. a century and a half...

Author: /time Magazine | Title: The March to the Far Right | 8/10/2009 | See Source »

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