Even The Capitalists Are Pissed

Via Democracy Now!

AMY GOODMAN: It’s good to have you with us. Your thoughts on Lebanon today.

RICHARD DEBS: That is a wide open question. My thoughts are that it's a dismal situation. I really am very distraught about it, as most of the world is. I don't see the reason for us being in this situation. I just can't believe that we Americans led ourselves into this. People are being killed on both sides. Innocent people are being killed. And this, in my view, could have been managed much better, going back, by our government to avoid this kind of situation. It's tragic. And we -- the Lebanese people are now suffering. The country will be really put back many, many years. Many years. Actually, scars that won't -- we won't recover from. But more than that, I think America itself is wounding itself in such a way that it's going to take us decades to recover from what we've done here.

Richard Debs is the former president of Morgan Stanley International.