"The problem for China is political. China is held together by money, not ideology. When there is an economic downturn and the money stops rolling in, not only will the banking system spasm, but the entire fabric of Chinese society will shudder. Loyalty in China is either bought or coerced. Without available money, only coercion remains. Business slowdowns can generally lead to instability because they lead to business failure and unemployment. In a country where poverty is endemic and unemployment widespread, the added pressure of an economic downturn will result in political instability."

“The United States Navy controls all of the oceans of the world.”

“Old institutions have shattered, but new ones have not yet emerged. The twenty-first century will be a period in which a range of new institutions, moral systems, and practices will begin their first tentative emergence. The first half of the twenty-first century will be marked by intense social conflict globally. All of this frames the international struggles of the twenty-first century.”

“Your 15 minutes are here, Friedman... I'm just saying, all your life you know useless and obscure things. And suddenly... It is a fairly strange experience.”

“he twenty-first century truly began on September 11, 2001, ten years later, when planes slammed into the World Trade Center and the Pentagon.”

“Understand that you're now in a superheated atmosphere; there are all kinds of rumors floating around. And one of the players is deliberately feeding us lies.”

“When I was growing up in the 1950s, the twenty-first century was an idea associated with science fiction, not a reality in which I would live. Practical people focus on the next moment and leave the centuries to dreamers. But the truth is that the twenty-first century has turned out to be a very practical concern to me. I will spent a good deal of my life in it.”