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...much like Europeans buy wines. In the early part of the decade, thousands of cash-rich urbanites poured their savings into the Puer, causing prices to double, then triple. "People were buying anything," says David Lee Hoffman, a California collector. By 2007, the finest aged Puer was - quite literally - worth its weight in gold. As demand soared, however, quality suffered, fakes flooded the market and prices fell...

Author: /time Magazine | Title: Puer Tea: China's Next Hot Commodity? | 8/25/2009 | See Source »

...value to agriculture. Fruit and nut trees provide additional income or even subsistence food, especially in times of drought, since trees are generally hardier than crops. Trees also provide salable commodities like coffee, rubber, gum and timber. And even if a stand of trees doesn't produce anything worth selling or eating, it still creates shade, protects against erosion and preserves water quality...

Author: /time Magazine | Title: As Farmland Grows, the Trees Fight Back | 8/25/2009 | See Source »

...trillion to the deficit and baby boomers' looming retirement will stress Social Security's already financially precarious situation. It's one thing to spend our way out of a recession. It's entirely different if we keep doing this forever. The U.S. is currently burdened with $11.7 trillion worth of debt and it's growing every...

Author: /time Magazine | Title: The U.S. Deficit | 8/25/2009 | See Source »

...Harvard Crimson: 1. The only thing on campus worth reading. 2. Cambridge’s only breakfast table daily, founded in 1873. 3. The name of almost every athletic team on campus, except for women’s crew and rugby (see Radcliffe...

Author: By The Crimson Staff, CRIMSON STAFF WRITER | Title: Dictionary of Harvardisms | 8/24/2009 | See Source »

Reading Period: 1. Amount of time you have to read a semester’s worth of text and write four 30-page papers. 2. Best time of the year to party and sleep in, unless you have introductory language courses, which continue to meet...

Author: By The Crimson Staff, CRIMSON STAFF WRITER | Title: Dictionary of Harvardisms | 8/24/2009 | See Source »

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