Thursday, November 23, 2006

Distracted by the middle east, is the US missing out on Globalisation?

Extract From The Forgotten Battleground; Markets are supposed to be smart. So what are they trying to tell us?
By Fareed Zakaria
27 November 2006
Newsweek

"There is no way to turn off this global economy, nor should one try. Every previous expansion of global capitalism has led to greater prosperity across the world. The story of the past 100 years is one of an ever-expanding pie. But this is a massive, complex process and requires enormous focus and attention. And while other nations around the world, from China to Chile, are playing to win, the United States as a government has barely focused on any of the major challenges or opportunities that it presents. We're too busy settling disputes between Sunnis and Shiites in downtown Baghdad."

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