Word: globalization
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...pictures of the global financial crisis...
Then came the defining moment of the decade, the terrorist attacks of 9/11, which redefined global politics for at least a generation and caused us to question the continental security we had until then rarely worried about. We waged war in Afghanistan that drags on and today is deadlier than ever. Then came our fiasco in Iraq. Don't forget the anthrax letters and later the Washington, D.C., snipers and the wave of Wall Street scandals highlighted by Enron and WorldCom. (See a photo-essay on 9/11 first responders...
...watching the sun set on a Decade from Hell, does it naturally follow that the next decade will be all good and glory? Of course not. And yet there are some hopeful signs. We have seen the destructiveness of deferral and neglect on infrastructure, national and global politics, financial markets and corporate governance, and I think it's safe to say that the awareness of that danger is much higher now. Maybe that's why, for the first time, a national health care bill actually has a chance to become law. (Read "Understanding the Health Care Debate: Your Indispensable Guide...
There is no guarantee that the next decade (get ready for the Teens!) will be any better than this one. It's likely that China will continue to grow faster than the U.S., and we may continue to see our global dominance erode. But very significantly, we still hold many of the world's trump cards. We still have the world's strongest military, which means we can and must lead in maintaining order and crafting peace. We are the leaders in technological innovation. And we are still the nation that most others emulate. If we remember those points...
...tons of money moving around, but they fear it's passing them by," says Powell, noting that many, if not most, U.S. municipalities don't yet know how to access stimulus funds for basic green projects like home weatherization and biofuel stations. (See pictures of the effects of global warming...