Friday, October 10, 2008

Small World Part II

This, Dear Gentle Reader(s), from Paul Krugman's column in today's New York Times in which he discusses the financial crisis in which we find ourselves:

Why do we need international cooperation? Because we have a globalized financial system in which a crisis that began with a bubble in Florida condos and California McMansions has caused monetary catastrophe in Iceland. We’re all in
this together, and need a shared solution.

Remember the line from "Gone With the Wind"--"Miz Scarlett, you ain't nevah gonna have a 17 inch waist no mo'"?
Well, we are never going to have an isolated, Fortress America again.

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