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In a world awash in debt, power shifts to creditors.

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
Awash
Creditors
Shifts
Debt
Power
World

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Politics and power is a realm of relative influence.
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You know, when the cost of capital goes down, when credit becomes cheap, people start taking greater and greater risks.
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Conservatives used to believe in confronting hard truths, not succumbing to comforting fairy tales. Some still do.
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Intelligence is called the world's second oldest profession for a reason. Everyone does it.
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Having your fiscal house in order and having a more manageable macro-economic future is going to be very useful in creating growth.
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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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...foreign policy is a matter of costs and benefits, not theology.
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No successful political transition can take place without leaders and movements that demand and press for freedom.
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If envy were the cause of terrorism, Beverly Hills [and] Fifth Avenue ... would have become targets long ago.
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But as the arms-control scholar Thomas Schelling once noted, two things are very expensive in international life: promises when they succeed and threats when they fail.
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If a senator calls me up and asks me what should we do in Iraq, I'm happy to talk to him.
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Some have said that the clash between Catholicism and Protestantism illustrates the old maxim that religious freedom is the product of two equally pernicious fanaticisms, each cancelling the other out.
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Strip away the usual hot air, and bin Laden's audiotape is the sign of a seriously weakened man.
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Whenever someone says the word community, I want to reach for an oxygen mask.
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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.
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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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The American consumer, even today, the weight of the American consumer in the global economy is China plus India doubled. So, it's tough to replace that.
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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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In the 1990s, we were certain that Saddam Hussein had a nuclear arsenal. In fact, his factories could barely make soap.
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I enjoy writing but I much prefer the experience of having written.
Fareed Zakaria