A Quote by Thomas Friedman
If you followed this economic crisis and you do not think that the world is getting flatter, you are not paying attention. We saw the entire global economy at one time acting totally in sync. The real truth is the world is even flatter than I thought. Our mortgage crisis is killing Deutsche Bank. You still don't think the world is flat?
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It is popular to call it a crisis of the Western world. It is in fact a crisis of the whole world. Communism, which claims to be a solution of the crisis, is itself a symptom and an irritant of the crisis.
Fortunately there is more wealth in the world than there was at the time of the global economic crisis of 1929 - Chinese, Indian, Arab and Russian.
The problem the world faces today is that only one-third of the world's population lives in decent circumstances, while half the population of the world lives on one or two dollars a day. And even as we have this poverty and backwardness, we are facing a global environmental crisis. We need developmental models that will take into account the specific and unique position of each country and at the same time will address the environmental crisis.
... it is not a crisis of our environs or surroundings; it is a crisis of our lives as individuals, as family members, as community members, and as citizens. We have an 'environmental crisis' because we have consented to an economy in which by eating, drinking, working, resting, traveling, and enjoying ourselves we are destroying the natural, god-given world.
There has been a banking crisis, a financial crisis, an economic crisis, a social crisis, a geostrategic crisis and an environmental crisis. That's considerable in a country that's used to being protected.
In today's roller-coaster economy, hyper-competitive, fear-based, flat and global world, convincing anyone to do anything at any time requires getting their attention, creating their intention and turning it to action.
What's the best gamble in the world, right now? Its betting that Deutsche Bank stock is going to go down. Short sellers borrowed money from their banks to place bets that Deutsche Bank stock is going to go down. Now, it's wringing its hands and saying, "Oh the speculators are killing us." But it's Deutsche Bank and the other banks that are providing the money to the speculators to bet on credit.
Real change doesn't come without crisis. Childbirth doesn't come without crisis. I think that's happening with humanity now. Our growth has generated multiple crises...and these are the contractions that are propelling us into a new world, whether we like it or not, but I think we're going to like it.
The world economy, the world environment, the world AIDS crisis, the world arms race: they affect us all.
What we face in Canada are multiple overlapping crises. We have the climate crisis, which is screaming down on us - all of the predictions are coming true even faster than the scientists thought. We have the inequality crisis, where the Panama Papers are a great reminder that the one per cent have actually created their own economy. We still have the crisis of child poverty, which has never been dealt with despite decades of concerned words from politicians.
My idea, as the whole world knows, is that the capitalist system now doesn't work either for the United States or the world, driving it from crisis to crisis, which are each time more serious.
The years of the economic depression have been years of political reaction, and that is why the economic crisis has generated a world peace crisis.
In a world of global dependencies with no corresponding global polity and few tools of global justice, the rich of the world are free to pursue their own interests while paying no attention to the rest.
In Cuba, what we do not accept is the comparison of our participatory democracy with bourgeois democracy which has not solved anything for humanity. The only thing it has done is to take humanity towards a precarious point. They have created the environmental crisis, the food crisis, the water crisis and the pandemics all over the world. The reason for that is because they have taken the majority of the resources and given it to militarism paid for by the western powers because it is a great business for them; this is the real truth.
The war and terrorism in the Middle East, the crisis of leadership in many of the oil-supply countries in the developing world, the crisis of global warming - all these are very clearly tied to energy.
The war and terrorism in the Middle East, the crisis of leadership in many of the oil-supply countries in the developing world, the crisis of global warming - all these are very clearly tied to energy
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