The Dell Theory of Conflict Prevention argues that no two countries that are both part of the same global supply chain will ever fight a war as long as they are each part of that supply chain.
Thomas FriedmanRead
If you followed this economic crisis and you do not think that the world is getting flatter, you are not paying attention. We saw the entire global economy at one time acting totally in sync. The real truth is the world is even flatter than I thought. Our mortgage crisis is killing Deutsche Bank. You still don't think the world is flat?
Interpretation
What this quote means
The quote highlights the interconnectivity of the global economy and how events in one part can impact others.
In this quote, Thomas Friedman emphasizes the increasingly interconnected nature of the global economy, especially in light of the economic crisis. He argues that significant events are now influencing economies worldwide in a synchronized manner, implying that the world has become more 'flat' or interconnected than previously perceived. The reference to the mortgage crisis affecting not just local banks but global institutions like Deutsche Bank underscores this point, suggesting that global awareness and understanding are crucial in today's economic landscape.
Themes
Global EconomyInterconnectednessEconomic CrisisFlattening WorldMortgage Crisis
In practice
Example use cases
During a seminar on global economics, this quote can be used to illustrate how interconnected economies can be.
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