Devaluations Are Never Easy.

There Is No Economic Imperative That Will Condemn Us To Deplete Our Vital Resource Base, But Neither Is There An Invisible Hand That Will Prevent Us From Doing So.

I Believe Myself That There's A Great Deal More Interest And Engagement Among Americans Than Our Politicians Recognize.

In Asia, A Lot Of Successful Economies That Had Been Living On Their Own Saving, Decided To Open Up Their Financial Markets To International Capital In The Early 1990s. So Here Were Countries Doing Quite Well, But They Decided To Borrow A Bit More And Do Even Better.

We Are Not At War (except With Our Own Demons).

Business Often Does A Good Job Supporting Communities: The Arts, Universities, And Scientific Enterprises... But That Philosophy Has Rarely Reached Poor Countries. Even Businesses That Are Enlightened In Their Home Bases See Africa, Latin America, And Parts Of Asia As Places To Exploit Natural Resources Or Use Cheap Labor.