We tend to reduce faraway conflicts by figuring out who’s the good guy and who’s the villain, then working out the rest of the narrative around those simple distinctions. And more often than not we decide who the good and bad guys are based on how we associate them with particular good and bad guys [...]
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Before I even get to Canada I want to make sure it’s understood how critical the next year or two will be. I consider myself fairly well informed and I regularly find myself having to be reminded of the seriousness of things on the global stage. Foreign policy has been pushed a bit to the side [...]
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… from here. To support my last argument, a few indications towards the massive changes we’ll experience in 2009. 1 - Retail: No doubt we’ll hear a lot more about this on Monday and throughout January as the Christmas numbers come in. Nobody expects it to be pretty. Felix Salmon points to this unencouraging WSJ graphic:
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About 2 days ago I got worried that maybe I’m worrying too much. So I suggested a few checkpoints for myself. For example, I suggested that if a year from now none of the big three automakers exists in their current form I’ll be vindicated. I also suggested I’ll be vindicated if by next year [...]
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Quite a contrast from Where Canada Stands: Pakistan moved closer to a balance of payments crisis on Friday, as the rupee slumped to a record low after the central bank reported it had barely enough foreign currency to cover six weeks of imports. [Reuters]
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