The Street Heats the Urgency of Now

"The reverberations of the fall of the Berlin Wall turned out to be much smaller than we had expected at the time. In essence, what happened was that we belatedly saw through the gigantic fraud of Soviet superpower. But the real trends of our time—the rise of China, the radicalization of Islam, and the rise and fall of market fundamentalism—had already been launched a decade earlier."

Niall Ferguson in Newsweek argues that 1979, not 1989, is the most significant recent year.