Geithner Speaks, Markets Tremble
Treasury Secretary Tim Geithner spoke at the Council on Foreign Relations on Wednesday. So why did the markets spiral out of control?
Geithner briefly sent markets cascading with comments that suggested openness to Chinese proposals to replace the dollar as the global reserve currency, only to jolt them back up by affirming his commitment to maintaining its current status. Here's a clip of Geithner's remarks, including his outlook on the potential for further regulating financial institutions.
Harvard psychologists discover why we dislike the people who deliver bad news.
- A new study looked at why people tend to "shoot the messenger".
- It's a fact that people don't like those who deliver them bad news.
- The effect stems from our inherent need to make sense of bad or unpredictable situations.
He reminds us that meaning is wherever we choose to look.
- Alan Watts suggests there is no ultimate meaning of life, but that "the quality of our state of mind" defines meaning for us.
- This is in contradiction to the notion that an inner essence is waiting to be discovered.
- Paying attention to everyday, mundane objects can become highly significant, filling life with meaning.
If life exists on Mars, there's a good chance it's related to us, say researchers.
When MIT research scientist Christopher Carr visited a green sand beach in Hawaii at the age of 9, he probably didn't think that he'd use the little olivine crystals beneath his feet to one day search for extraterrestrial life.
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