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...credit of every conceivable kind. Money-supply figures for the U.S. understate the phenomenon because billions of dollars flow abroad every month to finance the American trade deficit. The world's central banks control about $5 trillion of reserves. This in turn has raised monetary growth rates. The total value of commercial-bank assets worldwide is close to $56 trillion, and bank loans are only one of the many forms credit now takes...

Author: /time Magazine | Title: The Next Meltdown | 1/5/2007 | See Source »

Coming to every theater near you on May 4: Spider-Man 3. (The first two films about the Marvel Comics kid with the gooey arms took in $1.6 billion worldwide.) Then on May 18, Shrek the Third. (Total gross of the first two chapters: $1.4 billion.) And a week later, Pirates of the Caribbean: At World's End. (The first two earned more than $1.7 billion.) That's close to $5 billion for the six movies, not including the really easy money in DVD revenue. How big the bucks for Take 3 in each of the gigan-chises...

Author: /time Magazine | Title: The Year of The 3quel | 1/4/2007 | See Source »

...finding their perfect expression in the floating fabrics of his late, great silkscreen panels of Oceania, which can be seen at the National Gallery of Australia. "From the first, the enchantments of the sky there, the fish, and the coral in the lagoons, plunged me into the inaction of total ecstasy," Matisse would recall. "The local tones of things hadn't changed, but their effect in the light of the Pacific gave me the same feeling as I had when I looked into a large golden chalice...

Author: /time Magazine | Title: Perfect Mats | 1/3/2007 | See Source »

...Mystery of the Double Cardiac Arrest Even surgical residents used to the heady rush of "codes" occasionally encounter emergencies that throw them for a total loop...

Author: /time Magazine | Title: Attack of the Pharma Babes | 1/2/2007 | See Source »

...demographics: one in five was black or Hispanic; three-quarters were white. Women accounted for 60 of the dead. And nearly a quarter of the total came from California, New York or Texas...

Author: /time Magazine | Title: By the Numbers: The U.S. Death Toll | 12/30/2006 | See Source »

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