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After a crunchtime weekend spent at Gawker headquarters in Manhattan, the collaborative minds behind Longshot magazine have released its latest 68 paged issue, broadly focused on a timely debt theme. Cofounded by The Atlantic's Alexis Madrigal, the experiment is known as the "48 hour magazine" for its ambitious goal: marrying the "networked speed of the Internet with the coherent beauty of print." Translation: they edit and produce the entire magazine, crowdsourcing the writing so as to get numerous contributors, in the span of a single harried weekend. Among the results: Steve Silberman's "Ginsberg's Failure" essay and a striking photo narrative by McNair Evans. From the senior editor Erin Biba on the magazine's tumblr introducing the issue's table of contents:

Forty-eight hours ago we gave you guys an assignment, twenty-four hours ago you turned in your stories, and today we made a magazine. Despite the fact that we’ve only spent a collective 6 days streamlining this process, it seems to get easier every time. That’s thanks in large part to the amazing turnout of NYC’s media mavens — but even more thanks to all of you. Though it seemed nearly impossible to choose from all the excellent submissions, we’ve assembled a pretty kick-ass issue.

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