“The shock caused by the September 11 events has also lead to a thorough reflection on the existing disparity between rich and poor countries, on the misery of populations of the South.” CountryPoorRichEventsReflectionMiserySouthPopulationShockSeptemberSeptember 11Rich And PoorThoroughDisparityPoor Countries Author:Omar Bongo
“Financial markets are supposed to swing like a pendulum: They may fluctuate wildly in response to exogenous shocks, but eventually they are supposed to come to rest at an equilibrium point and that point is supposed to be the same irrespective of the interim fluctuations. Instead, as I told Congress, financial markets behaved more like a wrecking ball, swinging from country to country and knocking over the weaker ones. It is difficult to escape the conclusion that the international financial system itself constituted the main ingredient in the meltdown process.” MayCountryProcessDifficultBallsResponseFinancialInternationalCongressConclusionSupposed To BeShockIngredientsSwingsKnockingEquilibriumFinancial MarketsPendulumsFluctuationFinancial SystemMeltdownsInterim Author:George Soros
“As the United States continues its slow but steady recovery from the depths of the financial crisis, nobody actually wants a massive austerity package to shock the economy back into recession, and so the odds have always been high that the game of budgetary chicken will stop short of disaster. Looming past the cliff, however, is a deep chasm that poses a much greater challenge -- the retooling of the country's economy, society, and government necessary for the United States to perform effectively in the twenty-first century.” WantFirstsCountryStatesGovernmentPastGamesChallengesUnitedUnited StatesEconomyGreaterCenturyTwentiesCrisisDepthFinancialDisasterRecoveryShockMassiveChickensSteadyOddsPackagesCliffsRecessionsFinancial CrisisChasmsAusterityLooming Author:Fareed Zakaria
“America's entire war on terror is an exercise in imperialism. This may come as a shock to Americans, who don't like to think of their country as an empire. But what else can you call America's legions of soldiers, spooks and special forces straddling the globe?” ThinkingMayWarCountryAmericaForceSpecialExerciseSoldierTerrorShockEmpiresGlobesImperialismWar On TerrorLegionSpecial Forces Book:Empire Lite Source: Empire Lite