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...Across the country, people like Reynolds will face similar hard choices, and their decisions may be very different from what sports fans have done in previous economic downturns. In the past, sports have largely been recession-proof, a not-too-costly escape from reality that didn't have to be cut back on in the same way that travel or big purchases might be. "Historically, revenues in the sports industry don't dip along with the economy," says Andrew Zimbalist, a sports economist at Smith College and author of several books on sports business...

Author: /time Magazine | Title: Can Sports Avoid This Recession? | 10/23/2008 | See Source »

...folk on their way down (who eventually pick themselves back up) as a way of peeking into a world not our own. John Grogan rejects that proposition outright. His two books operate under the premise that anyone's life is worthy of a memoir, no matter how boring or similar it is to everyone else's. Growing up in suburban Detroit, Grogan lived a solid middle-class life. He was generally a well-behaved child. As a teenager, he dabbled in weed-smoking, and cigarette-smoking, and drank Boone's on occasion, but never committed any major transgressions...

Author: /time Magazine | Title: Marley & Me's Author on Childhood | 10/23/2008 | See Source »

...probably entered a recession, but at least we can make fun of the suits who made it happen. Or who watched it happen. Or who were powerless to stop it. That's why Sad Guys on Trading Floors is such a hit (and why TIME ran something similar a few weeks...

Author: /time Magazine | Title: Sad Guys on Trading Floors | 10/23/2008 | See Source »

...from office and hundreds of ethnic Chinese were killed in a racist pogrom. Prices in Hong Kong slumped through five years of grinding deflation. The city's stock market dropped more than 50% while property prices fell out the window - down a staggering 70%. South Korea and Thailand suffered similar fates, with plunging currencies, collapsing companies and rising unemployment...

Author: /time Magazine | Title: Meltdown 101 | 10/23/2008 | See Source »

...government's own figures tell a similar story. In 2003, 12.4% of Chileans regarded crime as the country's most pressing problem. By 2007, that figure had risen to 14.9%. And while in 2003, 44.6% of Chileans said they felt crime had gotten worse in their neighborhood over the previous 12 months, by last year, the figure had climbed...

Author: /time Magazine | Title: Is Chile Imagining a Crime Wave? | 10/22/2008 | See Source »

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