The United State has a net worth against which our debt is a joke ... we wrote in 2008 the United States is going to come out of this recession fast. The Europeans are going to fragment. The Chinese are going to be cremated. Why could we come out of it? Why has all economic theory been proven wrong? Because we're rich and we could afford it.
George FriedmanOne of the great famines in human history took place during the Chinese Cultural Revolution. [At the same time] Western journalists were reporting how marvelously Chinese society was working. We know so little [about what happens in China].
George FriedmanThe Chinese have a long history of slaughtering each other without bothering their neighbors.
George FriedmanSo you go to Brookings, or you go to Heritage or others, they know their position on any subject before they research it. If you go to an investment bank, they know what parts of the world they are going to cover and what parts of the world they are not going to cover depending on client interest. We cover the world without being skewed by that. And that makes it more valuable.
George Friedman