Italy is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking system is collapsing. And Germany is desperate. It must maintain its standard of living. It can only do that with exports and Deutsche Bank is very exposed to Italian debt. But so is the rest of Europe.
George FriedmanThe warrior must continue to make decisions in the face of extreme circumstances. He cannot afford to get angry or frightened.
George FriedmanIn a way, we can have a much easier discussion about the future of technology than we can about why a young man kills another man in a war.
George FriedmanRecent presidents have gone off on ad hoc adventures. They have set unattainable goal because they have framed the issue incorrectly, as they believed their own rhetoric.
George Friedman