Fareed Zakaria
👤 SpeakerAppearances Over Time
Podcast Appearances
In this case, they're actually trying to maximize the effectiveness, even if the numbers aren't what they want to show that this is what we are doing.
Right.
Right.
I also think, back to your Greenland point, it's a very important thing to understand that their view of wealth and economic growth is weirdly old-fashioned.
So they think, you know, like, Greenland has minerals in the ground.
It has all this stuff.
You can always buy them.
You can always lease them.
The idea that the country that has minerals underneath its soil is going to be rich as pieces.
If that were true, all of Africa would be rich.
Think about Israel, South Korea.
Yeah, these countries have nothing.
And what do they have?
They have smart people.
You can always buy this stuff from around the world.
Think about the oil revolution in America.
The Chinese kept going around Africa and trying to lock up oil and natural gas deals.
The US did technological innovation and invented fracking.
It turned out ours was a much more successful thing because it's fundamentally knowledge-driven.
Theirs, they've got to make corrupt deals with African dictators.