Nicholas Kristof, Moises Naim, Martin Wolf and Fareed Zakaria recently discussed the global economic crisis and American foreign policy on CNN’s Fareed Zakaria GPS. Mr. Zakaria, editor of Newsweek International, commented that we are “seeing a power shift and an emergence” of others, but Mr. Wolf, a columnist for the Financial Times, emphasized that the United States is “central, for good and ill.”
“The biggest single lesson of this financial crisis is the US is central, for good and ill. When you have a serious financial crisis in the US…turns out to be a big world crisis.
“What better demonstration can there be of the centrality of the US?”
Clip from CNN.