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...longer has the option of eating into those debts by inflating its currency. In fact, it has no power to use monetary policy to ease its pain, as the Federal Reserve has been doing in a big way in the U.S. The only options for Greece are to 1) scrimp and save to convince creditors that it can keep paying them off, 2) convince its fellow euro-zone countries--or maybe the International Monetary Fund--to bail it out, 3) default on its debts or 4) pull out of the euro...

Author: /time Magazine | Title: Echoes of Greece's Debt Crisis | 2/22/2010 | See Source »

...favorite letters came from a guy who was deeply concerned about Harvard’s budgetary situation. He took it upon himself to provide 13 pages of concrete recommendations for how we can all scrimp and save, including having all students brush their teeth more often so as to avoid the long-term costs of serious dental work and cavity fillings. I should have forwarded that one to Dean Smith...

Author: By Maxwell L. Child, CRIMSON STAFF WRITER | Title: Hello, Goodbye | 12/11/2009 | See Source »

...admit, there may not be too many reasons why hot breakfast is absolutely imperative to the lives of Harvard students. But that doesn’t mean it’s not important. I do find it strange that the school looks to scrimp in such small ways: cutting the breakfast shift, reducing the shuttle schedule, upping the cost on transcripts. Penny-wise, pound-foolish comes to mind...

Author: By Robert G. King | Title: The Breakfast Deficit | 9/7/2009 | See Source »

...hospitals when the vet says, "Listen we can do this procedure that might save your animal but it will cost $8,000." More people are saying, "Well I don't have $8,000." But for people who do still have a choice, you're seeing a willingness to scrimp and save for themselves before they demote their animals. Over the last generation a lot of people have promoted their pets to the status of honorary child -they call them "Fur babies...

Author: /time Magazine | Title: Do We Love Our Dogs More than People? | 3/30/2009 | See Source »

...like many Americans, you're planning to scrimp your way through the holidays, the Storm isn't worth busting your budget for. Even die-hard BlackBerry fans would be better off with RIM's new Bold, Pearl or Flip. All three have many of the same pluses as the Storm, minus the drawbacks of the unusual display. This is one storm you'll want to steer clear of this winter...

Author: /time Magazine | Title: BlackBerry Storm: The Novelty Wears Off Fast | 11/20/2008 | See Source »

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