Word: powerizers
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...criticize Al Gore in your book for having "called for young people to sit in front of the bulldozers at the site of new coal-fired power plants, yet never join them nor sent them any money." What should politicians being doing? They should be doing what they did during the fight against segregation. They should be joining us in these protests, and they should be getting arrested too, you know, rather than just thinking that these young people are the ones that have...
...Rogers sees three big secular trends now, and he's acting on all of them. First, America's role as the dominant economic power is declining, so why own American stocks? (He doesn't.) Second, China is emerging, and even though it may have crises from time to time, it is a good place to invest. (He does.) Third - and this is the biggie - emerging nations including China are greatly increasing the future demand for commodities such as oil. (He's in with both feet...
...Silver. Hmmm. Hardly has that thought sunk in before I'm back to watching Jim prance across the stage, dipping into geopolitics - "whenever in history an established power is being surpassed by a rising power, they clash," he said, referring to a potential U.S.-China faceoff - and giving the audience a peek at what may be his only anxiety, water. Or rather, China's inadequate supply of it. "If they run out of water, all bets are off - it's the one thing you can't do without," he says. Boy, this guy is smart...
...their lives and finding better opportunities for their 3-year-old daughter - my mother. These ideals have too often been trampled by greed or myopic self-interest. But the positive impact they have had on the world cannot be denied. Asia has risen to new heights of wealth and power partly because of American policy, consumers and corporate practices. As Singapore's patriarch Lee Kuan Yew once told me, "Without the United States providing security and stability throughout the region, there would have been no growth...
...scientific development" strategy that would be based on improved efficiencies of resource consumption. Similarly, by warning of a lack of coordination, Wen was highlighting the fragmentation of the Chinese system - not just its banks and companies but also a system of governance that was still heavily dominated by power blocs at the provincial and local level. And his concerns over sustainability were specifically aimed at pollution and environmental degradation - unmistakably negative externalities of China's fixation on open-ended, manufacturing-led economic growth. To the extent that the Chinese experience is a microcosm of the broader Asian development model...