Fareed Zakaria GPS – CNN 03-06-16

Salient to Investors:

Fareed Zakaria said:

A main cause of the rise of Islamic extremism is the cowardice of Muslim moderates.

The cyber war arms race is exploding, potentially more destructive than anything before.

Paul Krugman at the New York Times said:

We don’t know why economic recovery has been slow since the end of the Clinton boom.

Since saving the banks, everything has been moving in the wrong direction.

Vigorous public spending would work even better than tax cuts, which might not be spent, and we already have too much saving and too few private investment opportunities. The federal government can borrow for 30 years at 3 percent: adjusted for inflation, practically nothing.

Since 2007, construction spending has collapsed because states and municipalities have been financially strapped and because of the anti-public spending ideology, which is insane fundamentally.

Many advanced countries including the US have had higher debt ratios without anything terrible happening.

 

Phil Mudd says America’s civilian infrastructure is disturbingly vulnerable to cyber-terrorism.

Vali Nasr at Johns Hopkins said:

Iran’s election result was a humiliation for conservatives, not a victory for liberals but for Rouhani’s centrists who support engagement with the outside world and the nuclear deal.

Anti-Americanism is a pillar of Iran’s official state ideology so will take a very long time to go away.

Thomas Erdbrink at the New York Times said the Iranian election result was a big win for reformist, moderate, centrists over the hard-liners who have been in power for at least for the past decade.

Watch the video at http://globalpublicsquare.blogs.cnn.com/category/gps-episodes/ or read the full transcript at http://transcripts.cnn.com/TRANSCRIPTS/1603/06/fzgps.01.html

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