Word: tvs
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With little in the way of furniture, hotels of both brands have reallocated money ordinarily spent on bureaus and armoires--where traditional hotels hide the TVs--toward spalike bathrooms and custom mattresses. Flat-screen TVs duplicate home-entertainment centers--guests can hook up their laptop or iPod to watch movies or rehearse PowerPoint presentations. High ceilings and oversize windows in the 275-to-325-sq.-ft. Aloft rooms make the room feel more spacious. NYLO's rooms have brick walls and concrete floors to create an urban-loft experience--and reduce cleaning costs...
Part of those financial systems, though, are consumer loans, and that is a sticking point for microfinance purists. There is nothing inherently wrong with buying TVs and microwaves on credit, but as lending to poor people has gone mainstream, certain markets, like Mexico, have been flooded with loans that have nothing to do with providing capital to aspiring entrepreneurs--just racking up household debt. That's especially worrisome, since most developing countries don't have strong consumer-protection laws. "Everyone has realized you can make money," says Damian von Stauffenberg, principal of MicroRate, which evaluates microfinance firms. "Before...
...giant ships from Asia steam into the Southern California ports of Los Angeles and Long Beach laden with flat-screen TVs, flip-flops, copying machines, nail clippers, Thomas the Tank Engines and all the other necessities of modern life. They leave port a few days later loaded mainly with empty containers...
...percentage of GDP (11.8%). It's just that imports have grown much faster over the years. The U.S. has continued to run surpluses in some high-tech, high-price-tag categories--aircraft, specialized industrial machines--and in agricultural commodities. It's in consumer goods--clothing, TVs, cars--that the big deficits show...
...museum itself? It's entertaining and briskly informative, filled with flat-screen TVs showing period footage and glass cases that hold things like old Jefferson Airplane album covers. I enjoyed it well enough. But I was never able to shake the feeling that the place that really preserves the spirit of Woodstock is that big open field outside. Woodstock was the last great event of the 19th century, a delayed outburst of Romantic-era communalism and nature worship. It was built on sentiments that aren't conveyed very well by institutional means. So if you visit the museum, which...