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Street protests in Saudi Arabia might warm our hearts, but they could easily lead to $250 a barrel oil and a global recession.
Fareed Zakaria
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Fareed Zakaria
Age: 60
Born: 1964
Born: January 20
Economist
Essayist
Journalist
Political Scientist
Reporter
Bombay
Fareed Rafiq Zakaria
Hearts
Saudis
Lead
Arabia
Protest
Protests
Streets
Oil
Barrel
Might
Global
Recession
Heart
Easily
Saudi
Warm
Recessions
Street
Barrels
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The great drama of Russian history has been between its state and society. Put simply, Russia has always had too much state and not enough society.
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America's growth historically has been fueled mostly by investment, education, productivity, innovation and immigration. The one thing that doesn't seem to have anything to do with America's growth rate is a brutal work schedule.
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I very much want to be in the business of creating content, of doing stories all over the world rather than figuring out what the business model is for 'Newsweek' on the iPad, although that's very important work as well.
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Generations from now, when historians write about these times, they might note that, in the early decades of the twenty-first century, the United States succeeded in its great and historic mission--it globalized the world. But along the way, they might write, it forgot to globalize itself.
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What we see today is an American economy that has boomed because of policies and developments of the 1950s and '60s: the interstate-highway system, massive funding for science and technology, a public-education system that was the envy of the world and generous immigration policies.
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In a world awash in debt, power shifts to creditors.
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But now, we are becoming suspicious of the very things we have long celebrated - free markets, trade, immigration, and technological change. And all this is happening when the tide is going our way. Just as the world is opening up, America is closing down.
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I'd be kidding if I said that I predicted the financial collapse.
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Whenever someone says the word community, I want to reach for an oxygen mask.
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I think it is quite untrue that it is standard journalistic practice to name the interviewer when quoting from an interview.
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