"We cannot build a stable global economy when hundreds of millions of workers and families find themselves on the wrong side of globalization, cut off from markets and out of reach of modern technologies."
VOA: standard.2010.01.06
And since the signing of the Canada-U.S. free trade agreement, a milestone in the development of the modern era of globalization, that partnership has grown spectacularly.
As with Katrina, there is a back story for government's dysfunction: It's a long saga involving the fervent renunciation of the idea of financial regulation, bought-and-paid-for tax favors, confusion about how globalization affects money markets, a general ignorance about the modern financial world and a stunning lack of common sense.