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...global prosperity turned out to be an illusion largely fueled by easy credit; when the bubble burst, highly leveraged speculative positions reversed gear, and the international financial system came uncomfortably close to crashing. Even more troubling, the ongoing Greek debt crisis has suggested that weaknesses in sovereign debt may trigger another, even more profound global financial meltdown...

Author: By Michael Chertoff | Title: Graduating into the First Decade | 5/27/2010 | See Source »

Aquino, Copney, and Jiggetts were about to engage in what prosecutors called a “drug rip.” Jiggetts, the district attorney’s office says, pulled out a 9mm semi-automatic pistol and handed it to Copney. Copney put his finger on the trigger...

Author: By Eric P. Newcomer and Naveen N. Srivatsa, CRIMSON STAFF WRITERS | Title: A Silent Aftermath | 5/27/2010 | See Source »

...story “The Yellow Wallpaper.” The mud torrent is seemingly unstoppable, despite the girl’s frantic struggles, and as the mud continues pouring, the profusion of bizarre sounds increase in volume and fury. The successful unity of the visuals and sound trigger intense emotional responses, arousing feelings even of distress as the scene totally envelops the viewer. But when one is on the verge of becoming totally overwhelmed by the uncontrollable derangement, in floats the soft vocals of Panda Bear, lending reassurance and calm...

Author: By Sarah L. Hopkinson, CONTRIBUTING WRITER | Title: NEW VISUAL ALBUM: The Sound and Fury of Animal Collective | 4/27/2010 | See Source »

...destruct button and cannot be rerouted mid-flight.) While it is highly unlikely that the U.S. and Russia would ever intentionally engage in nuclear war, the NPR does nothing to carry out Obama's pledge to lessen the chance of accidental nuclear war by taking U.S. missiles off hair-trigger alert. (See pictures of Barack Obama in Russia...

Author: /time Magazine | Title: Obama's Nuclear Strategy: What's Different | 4/7/2010 | See Source »

...ballot initiatives or referenda. But in some ways, it will likely be easier for E.U. residents to propose new laws. One million signatures sounds daunting, but that's just 0.2% of the E.U.'s total population. By contrast, Swiss initiatives require signatures from about 2% of the population to trigger a national vote. And in an age when musicians from Coldplay to Lily Allen have millions of followers on Twitter and Facebook, collecting 1 million names could be a snap. (See ten tech trends...

Author: /time Magazine | Title: Direct Democracy: Citizen Initiatives Come to Europe | 4/7/2010 | See Source »

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