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Fareed Zakaria GPS – CNN 10-04-15

Salient to Investors:

Fareed Zakaria said:

  • Russia’s move in Syria is a desperate effort to shore up one of its only foreign allies and risks making it the great Satan with jihadists everywhere. However, Putin has at least a clearer strategy in Syria than Obama.
  • An US army of less than 30,000 men could easily defeat ISIS but then own problem territory in Syria.
  • Historically, the US when allied with a local force that was capable and viewed as legitimate has succeeded, but without such local allies, has not.
  • Syria will never be an intermingled country ever again whatever happens.
  • Code.org estimates that by 2020, there will be only 400,000 computer science students to fill the 1.4 million computing jobs in the US.
  • Liberal arts are important in teaching creativity, analytic thought and the joy of learning.

Jeff Colvin at Fortune said:

  • Studying humanities could become as valuable as a science degree because some jobs will always be done by “relationship workers”, the ones that emphasize social interaction – the need to interact with others is connected to our very survival, which is why we would prefer to see a real doctor or choose to work in teams.
  • From 2001 to 2009, the McKenzie Global Institute found that jobs involving human interaction, e.g. nurses and lawyers, increased by nearly 5 million in the US, while transaction and production jobs fell.
  • Science and technology disciplines are still crucial, but the humanities strengthen the deep human abilities critical for the success of most people far more than engineering or computer science.

George Soros said that Europe is in a state of disintegration, which started in 2008 and has become non-linear with problems with Greece, Ukraine, migration, and Putin’s Russia.

President Bill Clinton said:

  • Not very long ago, Europeans were killing each other in large numbers. The EU is a miracle, but in times of insecurity, fueled by both political problems and the absence of economic growth, negative identity politics tend to trump positive identity politics.
  • The issue of negative versus positive identity when you have slow growth is also true in America.

Watch the video at http://globalpublicsquare.blogs.cnn.com/category/gps-episodes/ or read the full transcript at http://transcripts.cnn.com/TRANSCRIPTS/1510/04/fzgps.01.html