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...export-oriented manufacturing sector. The most striking evidence of this is the relatively small role Chinese consumers play in the economy. Household consumption as a percentage of GDP fell to 36% in 2006, perhaps the lowest such ratio in the world. At the other end of the scale is the U.S., with a household consumption-GDP ratio of 72%. For years the U.S. has been consuming too much and saving too little. China has the opposite problem...

Author: /time Magazine | Title: Finding the Right Balance | 1/17/2008 | See Source »

...American decision. With the terrorist threat diminished, is it worth spending $9 billion a month to referee the eternal Mesopotamian ethnic differences while the U.S. lapses into a second-world debtor economy, unable to invest in health care, education and high-tech infrastructure? Or is it time to scale back, in a prudent fashion, the U.S. commitment there? No doubt, this will annoy McCain enormously, but?like almost everything else in this campaign?the war in Iraq is about to become an economic issue...

Author: /time Magazine | Title: The Gladiator Problem | 1/17/2008 | See Source »

...them), all this seems to make perfect sense. Nearly 30 years ago, psychologist Elaine Hatfield of the University of Hawaii and sociologist Susan Sprecher now of Illinois State University developed a 15-item questionnaire that ranks people along what the researchers call the passionate-love scale (see box, page 60). Hatfield has administered the test in places as varied as the U.S., Pacific islands, Russia, Mexico, Pakistan and, most recently, India and has found that no matter where she looks, it's impossible to squash love. "It seemed only people in the West were goofy enough to marry for passionate...

Author: /time Magazine | Title: The Science of Romance: Why We Love | 1/17/2008 | See Source »

...lower a man's voice, the more children he had. Researchers at the University of Albany recently conducted related research in which they had a sample group of 149 volunteers listen to recordings of men's and women's voices and then rate the way they sound on a scale from "very unattractive" to "very attractive." On the whole, the people whose voices scored high on attractiveness also had physical features considered sexually appealing, such as broad shoulders in men and a low waist-to-hip ratio in women. This suggests either that an alluring voice is part...

Author: /time Magazine | Title: Why We Love | 1/16/2008 | See Source »

Unearthing the Truth Unlike the industrial-scale, anonymous genocide in death camps such as Auschwitz - the world's iconic images of the Holocaust - Ukraine's killings were often terrifyingly intimate. While 400,000 Ukrainian Jews were murdered in concentration camps, about 1.1 million were shot dead at close range. The murders were often in full view of neighbors and acquaintances, many of whom the Nazis deployed to dig and cover the graves, then to distribute the belongings of the dead. The fact that locals sometimes received these possessions, or were ordered to help in the executions, may partly...

Author: /time Magazine | Title: Genocide's Ghosts | 1/16/2008 | See Source »

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