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.
Fareed ZakariaIn a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.
Fareed ZakariaThe great drama of Russian history has been between its state and society. Put simply, Russia has always had too much state and not enough society.
Fareed Zakaria