Fareed Zakaria
👤 SpeakerAppearances Over Time
Podcast Appearances
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.
In a weird way, Trump is more like that Chinese mentality.
That's why he loves the Venezuela case.
Yeah, I mean, one way to think about what they're doing here is, you know, for Trump, it's clear, I just read this book, The Gods of New York, which is the New York in the 80s.
You'd love it, actually.
It's really fascinating.