Its not possible for two countries to be the leading dominant political power at the same time. – Fareed Zakaria
During the Cold War, we were interested because we were scared that Russia and the United States were going to go to war. We were scared that Russia was going to take over the world. Every country became a battleground. – Fareed Zakaria
Having your fiscal house in order and having a more manageable macro-economic future is going to be very useful in creating growth. – Fareed Zakaria
In a very weak economy, when you say cut government spending, what you mean is youre laying off school teachers and youre de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and dont pay taxes. – Fareed Zakaria