This is GPS, the Global Public Square. Welcome to all of you in the United States and

around the world. I'm Farid Zakaria coming to you live from New York.

On today's program, amidst the other political and economic chaos in the United Kingdom,

economic credibility, God! List trust resigns, becoming the shortest tenured prime minister

in that country's long and storied history.

I am resigning as leader of the Conservative Party.

What happens now? I will ask the economist, editor-in-chief, Zaniment and betters.

Then, next week, Benjamin Netanyahu might get a third stint as Israel's prime minister.

Today, you'll hear from him about Iran's nuclear program, Israel's relations with its neighbors,

BB's own relations with Vladimir Putin. I wouldn't call it a love affair, but I would call it a question of interest.

And more. Also, the protests in Iran have now been going on for more than a month and show no signs of slowing.

I'll get the big picture from Robin Wright of the New Yorker who calls this the world's first

Women-led counter revolution.

But first, here's my take. In late 1992, I started my first full-time job as managing editor of

Foreign Affairs. I remember sorting through manuscript after manuscript, arguing that Japan was

going to take over the world. That claim was not unusual at the time. A big bestseller of the year was

Michael Criton's novel Rising Sun, a call to arms for economic war with Tokyo. In 1991, the book The

Coming War with Japan predicted inevitable and major military conflict. During the 1992

presidential primaries, one of the pithiest campaign slogans came from Democratic Senator Paul

Songas. The Cold War is over, he would say. Japan won. What is striking about these words is that they all

came well after the crash of the Japanese stock market, which fell from its peak in December 1989.

We now mark 1990 as the year the Japan's giddy growth era ended. But at the time, people assumed

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