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...perhaps the biggest reason for optimism is Xi'an residents like Lu Bo. The 32-year-old says the salary he earns as a salesman in the air-freight department at China Eastern Airlines was reduced by a third last year when his company was hit hard by the financial crisis, but that hasn't stopped him from spending. So confident is he about the future, he recently went out shopping for a new refrigerator. "Judging from my job, my life, I think everything will become better and better," Lu says. And maybe for the entire world economy as well...

Author: /time Magazine | Title: Can China's Backwaters Save the Global Economy? | 11/30/2009 | See Source »

Prechter, a soft-spoken, thoughtful, engaging 60-year-old, believes that the bull market of the past eight months that pushed the Dow past 10,000 will inevitably give way to a crash that will drag prices well below the level of early March. He believes this because theories of market behavior put to paper by a guy who died in 1948 tell him so. Yet he makes it all sound perfectly plausible...

Author: /time Magazine | Title: Riding the Waves of Irrational Behavior | 11/30/2009 | See Source »

...concept that was able to go viral very quickly. A year after we had set up Freecycle.org we had a million members. Today we move 24,000 items a day, helping everyone from a 92-year-old man who collects bike parts so he can rebuild bikes for children to a kid who has set up an orphanage for unwanted guinea pigs...

Author: /time Magazine | Title: Power of One | 11/30/2009 | See Source »

Ayyad, a charismatic 37-year-old with a sonorous voice, seems to be speaking for, not to, the congregation as he laments, "It's becoming harder and harder for us to raise our head and say, 'I am a Muslim.'" Many nod in agreement when he says, "There are very difficult times out there." (See pictures of Hasan's apartment...

Author: /time Magazine | Title: Dearborn's Muslims Fear a Fort Hood Backlash | 11/30/2009 | See Source »

WILL PHILLIPS, a 10-year-old Arkansas boy who has refused to recite the Pledge of Allegiance in school because he has gay friends who are not afforded equal rights...

Author: /time Magazine | Title: Verbatim | 11/30/2009 | See Source »

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