“The country that uses this crisis to make its population smarter and more innovative — and endows its people with more tools and basic research to invent new goods and services — is the one that will not just survive but thrive down the road. We might be able to stimulate our way back to stability, there but we can only invent our way back to prosperity.” – Thomas L. Friedman. June 27, 2009. [source]
Dubai used the crisis to adjust the ridiclously large amount of salaries it was giving to non arab expats, not sure about the “making the population smarter” part though.
i think he’s such a douchebag .. friedman that is
he WOULD say that….
My thesis is about this:D more a la Richard Florida creative class/economy vs. financial crisis. If ure interested u should read Maurizio Carta or Charles Landry.
typical friedman: what a load of bull.
he was a mason ofcourse he will say that