"I sometimes get a sinking feeling when I am on an especially up-to-date commercial highway, or visiting a Sunbelt city (as I will be next week in California) and I just think to myself ". . . this place will be hopelessly fucked up in a matter of a few years. . . what will these people do. . . ?"
But when I'm home in small town America I am not dogged by anxiety moment-by-moment.
I do believe that America will be "feeling the pain" within 36 months, and perhaps even sooner if a crisis occurs (say, King Fahd of SA dies and there is a power struggle, or there is an incident in the Persian Gulf, or North Korea fires a missle over Japan, or the housing bubble starts imploding etc)
I think confusion & dilemma is a reasonable state-of-mind these days.
I think Friedman really misses something in "The Earth is Flat" -- namely that global economic relations are not a permanent condition."
- quoted from a recent email
No comments:
Post a Comment