In the 1990s, we were certain that Saddam Hussein had a nuclear arsenal. In fact, his factories could barely make soap.
Fareed ZakariaIt's not possible for two countries to be the leading dominant political power at the same time.
Fareed ZakariaHaving your fiscal house in order and having a more manageable macro-economic future is going to be very useful in creating growth.
Fareed ZakariaYou know, when the cost of capital goes down, when credit becomes cheap, people start taking greater and greater risks.
Fareed ZakariaCalifornia has often led the country, indeed the world, in the technology, consumption, trends, lifestyles, and of course, mass entertainment. It is where the car found its earliest and fullest expression, where suburbs blossomed, where going to gym replaced going to church, where forces that lead so many to assume that direct democracy is the wave of the future - declining political parties, telecommuting, new technology, the internet generation 0 are all most well developed in this vast land.
Fareed Zakaria