Globalization Has Rendered The World Increasingly Interdependent,

We Must Recognize That As The Dominant Power In The World We Have A Special Responsibility. In Addition To Protecting Our National Interests, We Must Take The Leadership In Protecting The Common Interests Of Humanity.

Giving Government Aid To A Bank Basically Transforms It Into A Utility. The Huge Salaries In This Sector Are Only A Symptom Of A More Profound Misalignment. The Profitability Of The Finance Industry Has Been Excessive. [...] That Was Absurd.

China Could Easily Emerge As The Great Winner If The Chinese Leaders Handle The Situation Well. On The Other Hand, They Could Also Turn Out To Be The Biggest Losers If They Handle It Poorly. If The Management Turns Out Be Wrong, This Could Lead To A Political Crisis In China.

These Public-private Partnerships Are Very, Very Dangerous. The Most Rotten Part Of The Financial System In The Us Consisted Of The Government Sponsored Entities, Fannie Mae And Freddie Mac. They Really Kicked Off This Crisis. The State Should Set The Rules And Enforce Them - But Not Become Involved As A Market Player.

The Main Obstacle To A Stable And Just World Order Is The United States. [this Idea] Happens To Coincide With The Prevailing Opinion In The World. And I Think That's Rather Shocking For Americans To Hear.