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On Interdependence... article by Thomas Friedman

Read this article by New York Times' Columnist Thomas Friedman - Author of 'From Beirut to Jerusalem' (Anchor Books, 1989). It is a reminder of how unilateral action by the United States can affect us all. It also speaks of deep interconnections between politics and economics and how dependent we are of one another.

Some excerpts,

"Sarah Palin won’t have to worry that she doesn’t know what the Bush doctrine is. No one really knew what it meant. But it had something to do with the unilateral exercise of American power, and the next president’s ability to act unilaterally on anything other than vital national security issues is going to be reduced. As the old saying goes: He who has the gold makes the rules. Well, we no longer have as much gold, and until we get some, we will have to pay more heed to the rules of those who lend us theirs."

"There was a lot of talk after Russia invaded Georgia that globalization was over and we were seeing the return of “history” and the primacy of politics over economics. I think not. Politics and economics are always inextricably intertwined. History-making is rarely free. The Russian stock market has been hammered as a result of its invasion of Georgia, and the global slowdown has sunk Russian oil and gas earnings. No country is an island today."

Enjoy

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