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...recognize faces - with their tongues - thanks to a device developed at the University of Strasbourg. The Tactile Vision Substitution System (TVSS), a 3-sq cm pad that rests on the tongue, translates images from a digital camera into electrical stimulation, which forms patterns on the tongue corresponding to the shape of the image. The team wants to implant the tvss in a dental retainer that sends signals to a digital camera mounted on a pair of glasses...

Author: /time Magazine | Title: Tech Watch | 3/26/2001 | See Source »

...flash point of the crisis is real estate, which is ironic when you consider the antimaterialistic attitudes of the people who drifted west in the '60s and '70s and helped shape the character of the city for the past four decades. For many of us, buying a house was the last thing on our mind. But despite the recent economic downturn, those who haven't already secured their turf are in danger of being priced out--of both the rental and sales markets. "I have several friends who are seriously considering moving to other places because the economic pressures...

Author: /time Magazine | Title: Back to the Garden | 3/26/2001 | See Source »

...differences between the two countries, however, are in America's favor: U.S. banks are in better shape; businesses are quicker to react; and workers are more mobile. Even if the U.S. follows Japan into recession, that doesn't mean Americans will experience a decade of descent. At least not if they learn from Japan's mistakes...

Author: /time Magazine | Title: Worst Case Scenario | 3/26/2001 | See Source »

...sucking water for two straight days.) And because the central banker with America's highest Q rating thus entered into a game of economic-policy chicken with the decade's other breakout star: Wall Street. And, finally, because he has set in motion a series of moves that will shape the economic destiny...

Author: /time Magazine | Title: Alan Greenspan | 3/23/2001 | See Source »

...Greenspan is managing all this while battling the rest of the world in what is shaping up as a Japan-led rematch of 1997. With Asian and European investors still holding more faith in Greenspan and his U.S. track record than in their own economic leaders and prospects, the dollar has stayed strong amid all the rate-cutting, making U.S. manufacturers' lives even more miserable than normal. As Japan tries to export its way out of deflation, bank insolvency and crushing consumer gloom without setting off the competitive-devaluation dominoes in Asia, Wall Street - apparently more than Greenspan - fears...

Author: /time Magazine | Title: Alan Greenspan | 3/23/2001 | See Source »

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