There are many consequences to the financial crisis, but so far we’ve mostly focused on what will happen to the United States domestically as banks fail and jobs are lost. Now to kick us while we're down, National Intelligence Director Dennis Blair stated that the economic crisis is making us unpopular globally, too, and the sinking economy now ranks among the top security threats to the U.S. For what this means for our reputation and our safety, we are joined by David Sanger, chief Washington correspondent for the New York Times and author of The Inheritance: The World Obama Confronts and the Challenges to American Power.
For more of the New York Times' coverage of this issue, read Mark Mazzetti's article, Global Economy Top Threat to U.S., Spy Chief Says
, in today's paper.
"Let's face it: This crisis started here. That's just a fact. And we can argue about whether or it started with bad lending in Florida and California or whether it started with bad judgments on Wall Street, but it started here."
— David Sanger, chief Washington correspondent for the New York Times, on the global spread of the economic crisis