Fareed Zakaria GPS – CNN 08-31-14

Salient to Investors:

Fareed Zakaria said:

  • Defeating ISIS would require a large and sustained strategic effort from the US but without significant numbers of US ground troops.
  • ISIS videos of executions are designed to sow terror in the minds of opponents who when facing ISIS fighters now reportedly flee rather than fight.

Zbigniew Brzezinski at the Center for Strategic and International Studies said:

  • What is happening in Ukraine is a Russian invasion but also a major blow to Putin’s personal and international ambitions, namely to recreate something like the Soviet Union.
  • The West has been very slow in convincing Putin that he cannot go all the way.
  • Increasingly all the major partners in NATO and the EU.
  • Putin clearly has indicated that if he succeeds in Ukraine, he’ll do the same to the Baltic states.
  • Nato members are very glad to have American protection in NATO but not all of them are prepared to carry their burden, to stand together.
  • China is worried that if Putin’s adventurism produces a major conflict, that would be a very serious threat to global well-being and a fundamental disaster to China.
  • China must tell Putin that using force to change borders nowadays is not the way to deal with international problems.
  • ISIS is not a state but a bunch of decentralized brigands united by extremist views managed from a single leadership but not very effectively. It will have to be dealt with in different ways in different areas but cannot be led by America.

Americans take much less vacation and work longer work weeks than most of their counterparts in advanced industrial countries. The US is the only advanced economy where workers are not guaranteed paid vacation time. European workers are guaranteed at least 20 paid vacation days a year.

South Koreans worked nearly the longest hours of any OECD country but were less productive than the average OECD worker. Asian workers have historically been less productive than Americans though the gap is narrowing. Germans work 600 hours less every year than Greeks but their productivity is 70 percent higher.

Ernst and Young found that for every additional 10 hours of vacation an employee took, the company saw an 8% improvement in performance ratings.

The US Travel Association said that if Americans used all of their allotted time off, there would be an additional $160 billion in sales across several sectors, generating an additional $52 billion in earned income and 1.2 million additional jobs.

By 2025, 58% of the world’s population will be living in cities.

China has the most financially literate teens, followed by Belgium and Estonia. The US was on a par with the OECD average.

Watch the video at http://globalpublicsquare.blogs.cnn.com/category/gps-episodes/ or read the full transcript

at http://edition.cnn.com/TRANSCRIPTS/1408/31/fzgps.01.html

Fareed Zakaria GPS – CNN 09-15-13

Salient to Investors:

Henry Kissinger at Kissinger Associations said Putin considers radical Islam his biggest security threat and his biggest fear in Syria is that it would lead to a radicalization of the region, but he does not want the US unilaterally to determine how the situation in the region will develop. Kissinger said the issue in Syria is not the removal of one leader but the historic conflict between Shiites and Sunnis – the immediate removal of Assad would lead to chaos.

Zbigniew Brzezinski at Johns Hopkins School of Advanced Intl Studies said Russia was concerned that the region might explode and affect Russia’s position, particularly in the caucuses where Islamic resentment against Russian domination is gaining momentum. Zbig said Putin saw an opportunity to diminish America’s standing as the preeminent power in the region. Zbig said a pointless military strike would merely dramatize American involvement in the war and then escalate.

Watch the video at http://globalpublicsquare.blogs.cnn.com/category/gps-episodes/ or read the full transcript

at http://transcripts.cnn.com/TRANSCRIPTS/1309/15/fzgps.01.html

Salient to Investors:

Watch the video at http://globalpublicsquare.blogs.cnn.com/category/gps-episodes/ or read the full transcript

at http://transcripts.cnn.com/TRANSCRIPTS/1307/28/fzgps.01.html

Fareed Zakaria GPS – CNN 09-01-13

Salient to Investors:

Fareed Zakaria writes:

  • The World Bank says that in 1981, nearly half of all world citizens were impoverished versus less than a fifth today. However 95 percent of the total global decline has to do with China, whose poor declined by nearly 680 million people in the last three decades.
  • In 1981, China accounted for 43 percent of the world’s poor, South Asia for 29 percent and sub-Saharan Africa for 11 percent. By 2010, China accounted for only 13 percent of the world’s poor, South Asia for 42 percent, and Sub-Saharan Africa for 34 percent.
  • In 1981, 429 million Indians lived in poverty, or 60 percent of the population. By 2010, this share had dropped to 33 percent yet the total number of Indians living in poverty was still around 400 million because India’s population had expanded by a half a billion.
  • India’s recent drop in economic growth is alarming because those most affected will be the poor. Change for Africa’s poor is still too slow – in sub-Saharan Africa, poverty rates slightly worsened in the 1980s and ’90s.
  • The path to poverty alleviation is capitalist-led growth.

Zbigniew Brzezinski said:

  • Obama’s handling of Syria over the last year has been a case study in how not to conduct foreign policy and will cast a long shadow on America’s role in the world.
  • The whole approach on Syria has been misconceived, but we are very heavily committed to act. Presidential leadership is at stake. American credibility’s at stake. The worst outcome would be now to act indecisively.
  • We end up not only taking sides in a civil war, but helping guys who in Afghanistan and Yemen we are actually trying to kill with drones.
  • We have to move towards a wider international effort to deal with the problem of Syria, including involving the Asian countries, which are so dependent on oil from this region, and engage the Russians, who may use this conflict, if it explodes, to undermine overall our position in the Middle East.
  • We are setting the precedent that the president cannot act militarily even in the terms of limited military missions.
  • In the end Russia does not want to be isolated as it is fearful of stability in the caucuses.

Richard Haas at the Council on Foreign Relations said:

  • It is important to strike Syria as we have raised questions about our reliability and predictability and do more to inflict real pain and cost on the Syrian government for using chemical weapons.
  • There are a lot of precedents here that are unfortunate for future Republican or Democratic presidents.

Nicholas Wapshott at Reuters said:

  • If the richest and most powerful country in the world forgoes the responsibility that goes with that wealth, then it will cede the ground to another country to start intervening or even worse to allow the whole world, which is shrinking, become a lawless place.
  • These issues are as profound as you can get in terms of the history of the world,

Watch the video at http://globalpublicsquare.blogs.cnn.com/category/gps-episodes/ or read the full transcript at http://transcripts.cnn.com/TRANSCRIPTS/1309/01/fzgps.01.html