I think they are wiling to put the breaks on globalization after the misadventure in Iraq, and the fact China is employing the same US bond buying
strategy the Japanese used to buy Hawaii in the 80s.
"The Moustache of Undertanding" is known for wildy mixed metaphors, lots of corporate name-dropping and a propensity for handwaving not seen since the heyday of Wired Magazine. Despite all that, he usually makes some very good points about the society we live in, and he continues to do so in "The Power of Green," an article in the New York Times Magazine that advocates America retake the scientific lead it once had, and eliminate its need for fossil fuels, by leading the charge with sustainability research and development. A great idea, though it'll probably put the brakes on globalization, Friedman's other favorite talking point.
I think they are wiling to put the breaks on globalization after the misadventure in Iraq, and the fact China is employing the same US bond buying
strategy the Japanese used to buy Hawaii in the 80s.
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