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...positive heading into the 2000s, we are almost certainly too negative heading into the next decade. But that's not such a bad thing. It means we will be collectively reluctant to lard on massive debts. It means we will be wary when some mortgage man tries to sell us an exotic loan predicated on our house's doubling in value. It means we will see "financial innovation" for what it often is: an oxymoron. And most important, it means we will take more seriously our responsibility to address problems now rather than later. (See which businesses are bucking...

Author: /time Magazine | Title: The '00s: Goodbye (at Last) to the Decade from Hell | 11/24/2009 | See Source »

...just the exhibitionists at the exhibition, though there are plenty of them, goose-pimpled in the chilly air. It's the way that sex, the perennial tool for advertisers seeking to sell products, has been commoditized into a must-have range of products. Nowadays, keeping up with the Joneses might mean flaunting specialist furniture such as a ?2,500 ($4,130) Stretching Bed from Dungeon Equipment or a ?115 ($190) Funswing, which looks like a cross between a hammock and a baby bouncer and could be mistaken for a comfortable perch for watching TV if the brochure didn't deploy...

Author: /time Magazine | Title: Sex, Please, We're British: London's Erotica Expo | 11/24/2009 | See Source »

...your piece "How to Fix It," you should have added "No. 5: Require that banks and mortgage companies hold all new mortgages for at least five years before they can sell them." If there had been such a regulation in effect during the housing bubble, I guarantee there would not have been a bubble...

Author: /time Magazine | Title: Inbox | 11/23/2009 | See Source »

...than 15 times earnings; early estimates for 2011 are at $85 a share, 12.5 times earnings. Indications are that stocks have room to run, especially when interest rates and inflation are factored in. My research shows that when inflation and interest rates are low, as they are today, stocks sell on average at 18 to 20 times earnings, substantially higher premiums than current levels. (See pictures of the top 10 scared stock traders...

Author: /time Magazine | Title: Why Stocks Still Rock | 11/23/2009 | See Source »

...being cynical even as a young child. I never liked horses or movies with dogs as the protagonists. Whenever I played Barbie with friends I would rename the doll “Vivian” and weave tragic yarns in which she wound up destitute and hopeless, forced to sell her dream house to Keisha and curse philandering Ken. (My elder sister watched The Lifetime Network...

Author: By Asli A. Bashir, CRIMSON STAFF WRITER | Title: Reading the Signs | 11/19/2009 | See Source »

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