The Bulwark Podcast - Anne Applebaum: The Irreparable Damage of a Second Term
Episode Date: December 19, 2023Anne Applebaum discusses a ray of hope in Europe with the defeat of Poland's authoritarian government, while also contemplating the consequences for NATO and America's place in the world if Trump were... to be reelected. Mona Charen sits in for Charlie Sykes. show notes: https://www.theatlantic.com/ideas/archive/2023/12/ukraine-russia-frozen-assets/676390/ https://www.theatlantic.com/magazine/archive/2024/01/trump-2024-reelection-pull-out-of-nato-membership/676120/
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Welcome to the Bulwark Podcast. I'm Mona Charan, sitting in for the vacationing Charlie Sykes. I host a different Bulwark Podcast that you may not know about. It's called Beg to Differ,
and it comes out every Friday. We do a panel discussion where we have conversations,
civil conversations, may I add, from the center left to center right perspective with a panel of four regulars, Bill Galston, Damon Linker, Linda Chavez, and me.
And then every week we have a guest.
So I recommend that you check us out, beg to differ.
It's a good way to start your weekend.
Well, today I am delighted to welcome as the guest on this podcast,
Anne Applebaum. She is a staff writer at The Atlantic and the author of a number of important
books, including Red Famine, Stalin's War on Ukraine, highly relevant to events now,
the Pulitzer Prize-winning Gulag, A History, and most recently,
Twilight of Democracy, The Seductive Lure of Authoritarianism. Anne, thanks so much for
joining me. You're in Warsaw, right? I am in Warsaw. I just arrived, actually.
Well, so I also should tell our listeners that your husband has now taken the post of foreign minister of Poland, a post that he
held before in the interregnum where there was a hostile government. He was out of government,
but now he is back in. So that's Radek Sikorski. So we should just acknowledge up front that
he is involved in the Polish government. And I want to spend just a couple of minutes talking about the Polish election and Poland's situation, because it is a rare
bright spot on the international scene at the moment where an authoritarian-leaning government
was overthrown. So tell us about that election. And if you could set the scene,
I don't want to go too deeply into it
because we don't really have time, but just set the scene for what happened in the wake of the
Cold War in Poland's politics and how the previous government was able to come to power and what they
did with that power. Right. So 30 years of Polish history. Is that what I got? I know. Sorry. So after 1989, Poland had a
series of democratic governments, some more right wing, some more left wing, some quite, you know,
had they had quite radical differences with one another. But the you know, there was there was an
electoral system that everybody respected and there were different kinds of media that were
competing, you know, more or less. What happened in 2015 was that a political party won power.
It had actually had briefly been in office previously.
And I should say, just for, you know, just if you want to know how complicated it is,
my husband was actually briefly in that government the first time that this party called the
Law and Justice Party was in office.
They had a kind of mixed coalition government.
And he was in that. Later, he resigned. But the second time they came to power, they were determined to make
sure that they would never lose again. And so this will sound familiar to those of you who know
Hungarian history or Turkish history. They put pressure on the judicial system. They tried to
eliminate independent judges. They put a lot of pressure on media. They transformed the state media into a
kind of propaganda tube, but they also, through games with advertising and political pressure,
they tried to destroy the independent media as well. They did whatever they could to win the
election, including transferring millions and millions of dollars, zloty's worth of
state funding to their own
campaign. They did it via these kind of fake foundations. Really, every rule they could break
short of actually changing the way votes are counted. And that was hard to change because
the law in Poland says that it has to be a kind of cross-party group that counts the votes.
They tried to win that way and they did not win. And the reason they didn't win was
because of a massive and unexpected turnout. And the turnout was very heavy in cities, which is,
you know, Poland has the same kind of politics as the US in that sense that the cities are,
I would not say left wing, that's actually, it's not really left right in Poland. It's more that
the cities believe in European integration, and they want Poland to be, you know, an open economy and an open society. And then they are put it against
the countryside, which turned out to be more susceptible to the former ruling party. But there
was a massive turnout. Lots of young people voted. The numbers for young women, I don't remember the
exact figure now, but they went up by something like 15 or 20 percent. I mean, it was just a huge leap.
And because of the very large turnout, a coalition, which I should say is a center left, center
right and kind of center center coalition of three parties formed a majority.
And although it took a long time for the power handover to happen because the former ruling
party did what they could to string it out. They finally formed the
government last week. And somewhat, I should say, surprisingly, my husband is now the foreign
minister again. Well, congratulations about that. Now, there are some similarities. Obviously,
there are major differences, but there are some similarities in Polish politics and American
politics. And one of them is on the question of abortion. So I'm wondering what your evaluation is of how much of a role did that play in the big turnout
and how much of it was real concern about the drift toward anti-democratic, anti-EU policies of the Law and Justice Party?
So I would say that the democracy language in Poland, I'll get to abortion in a second,
did work and it was effective because the three opposition parties related it to real life.
So why was Poland cut out of a European funding scheme?
It's because we don't have democracy.
Why are the courts so dysfunctional? Let me interrupt really quick and just have you explain.
It's because the EU imposed sanctions on the previous government. Yes, because Poland didn't meet the standards
for rule of law inside the EU, the EU didn't give Poland some funding. And that was funding
that would have gone to local councils and to build roads and so on. And abortion was one of
those issues that was related directly to, essentially,
they changed the abortion law. Poland had a very strict abortion law. Actually, abortion was illegal
in Poland, but there were some exceptions, including for exceptions for the life of the
mother and for very damaged fetuses. And they changed that law to make it even harder. So even
in the case of when the mother's life is in danger and the fetus is in danger,
it was very hard to get an abortion. And we had in Poland a couple of instances of women dying. And one very prominent one, you don't want all the details because they're horrible, but
as she was waiting for the fetus to die, essentially, so that she could have an abortion,
she died instead because she got sepsis. And there were a couple of cases like that, and they led to really big nationwide demonstrations. And for a lot of young people, and I think a lot
of young women, this was their first involvement in politics. You know, they'd been apathetic,
they didn't take part. And this was where they understood that this, you know, the former ruling
party's capture of the court system, the way they were running the country had caused these
deaths of young women. And it turned out to be, I wouldn't say it was the only issue, but it was a
very important issue, partly because it showed the way in which stuff that seems very vague, you know,
rule of law arguments or, you know, independent judiciary, you know, how does that relate to my
life? It showed actually that it can relate directly to your life and it can, you know, how does that relate to my life? It showed actually that it can relate directly to your life and it can, you know, kill you. And so it was a very big issue as a part of a range
of issues that people were dissatisfied with. So I think there's a certain amount of continuity,
tell me if I'm right, between the previous government and the incoming government on
policy toward Ukraine. I mean, Poland has taken a huge number of refugees,
has been unbelievably supportive for obvious reasons, worry about Russia. How will policy
toward Ukraine change, if at all? So you're right, there will be continuity. The previous government,
after a little bit of hesitation, became very gung-ho on helping Ukraine. They were an important part of
the NATO coalition. They've been a very important part of logistics of getting weapons to Ukraine.
And yes, there were a lot of refugees who came to Poland, although I should say many of them have
either moved on, gone back, or been absorbed. We don't have refugee camps in Poland or anything
like that. You hear Ukrainian in the street, you hear people working in shops and so on. But
I don't think it's a very difficult problem for Poland in that sense, at least not in most of the country. The difference
now will be that it will be better and easier for Poland to make the case for Ukraine in other
parts of Europe. I mean, so a Poland that is cooperative, pro-European, democratic, and not
constantly trying to, I don't know, use, you know, be difficult in foreign
policy, create arguments, you know, create conflict. A Poland like that will find it easier to help
contribute to the coalition around Ukraine. I really do think that they will find it easier
to make the case because simply by, you know, the previous government, for example, had a long
running argument with Germany. They used it in their domestic politics, they were very anti German, they used a lot of anti German
language, this government won't do that, you know, and that will immediately make it easier to talk
to Germany about Ukraine, and talk to ordinary Germans, too. So the previous government on its
way out also, during the election campaign, picked up on some there have been conflicts between
Polish and Ukrainian farmers and Polish and Ukrainian truckers. And they kind of, instead of resolving
those problems, they, you know, they exacerbated them. And I think you will now find a different
kind of attitude. I mean, there will be trouble, there will be, you know, difficulties between the
two countries, like, you know, there are between neighbors all the time. But instead of using those
as a lever to, you know, create popular outrage, I think they'll try and solve the problem. So but I don't I don't foresee a break in the wrong
direction. And that, you know, I think on the contrary, you'll see more support for Ukraine.
So despite the presence of Erdogan and Viktor Orban in the NATO alliance, in some ways,
it's stronger than ever, we have new two new members. We have the changing government in Poland, which strengthens NATO. And then we have the prospect of Donald Trump to be reelected for the NATO alliance and not just for
the NATO alliance, but for American world leadership in general. So you quoted him in this piece
saying, I don't give a shit about NATO. And that was conveyed to you by John Bolton, who also said
that the damage Trump did in his first term was reparable, but the damage he would do in a second
is irreparable. So let's talk a little bit about the threat to NATO, Trump's views on NATO, etc.
So Trump's attitude to alliances of all kinds is transactional. And really, his attitude is not
what's good for America, but what's good for me, what's good for me, Donald Trump? And in that sense, he does bear
some resemblance to autocratic leaders in other parts of the world. You know, I'll have a good
relation with Saudi Arabia because then my son-in-law can do deals with Saudi Arabia. You
know, I will do have a good relation with Erdogan because then my hotels, you know, will get special
deals in Turkey. I mean, I'm not saying that's exactly what happened. I'm just saying those are
examples. That's how he would think about it. He wouldn't think, you know, over the long term,
America builds alliances, the alliances help America have, you know, a kind of outsized role
in the world, it helps American companies to operate in friendly countries, he doesn't really
care about any of that, you know. And I think his attitude to NATO is part of that, you know,
it's comes from a very deep isolationism and this idea
that America doesn't need any allies. You know, we can just do deals with whoever we need to at a
given moment. What's dangerous about NATO, what's specific about it, you know, there is a NATO
treaty, which is very brief. I advise everyone to read it. It's very, very short. And in the treaty,
there's a famous article called Article 5. And this Article 5 just says that, you know, members of the alliance are obliged to come to the aid of other members of the alliance in case one of them is attacked.
And it's not specific about what they have to do.
I mean, come to the aid could just mean shout very loudly.
You know, I mean, it doesn't say you have to bring in, you know, your troops.
But the implication is that there will be collective defense.
And so why didn't the Soviet Union ever invade West Germany during the Cold War? It was because they knew
there was this premise of collective defense. If they did that, other NATO members would,
especially the United States, would come. Why don't they invade Poland now? Poland is helping
Ukraine. Weapons are going through Poland to Ukraine. It's because it's presumed that if they invaded Poland, there would be an American, you know, NATO wide response. All that Trump has to do in order to eliminate that expectation is say, I won't do it. So, you know, the treaty has been ratified. You know, lots of people, you know, the Senate would back it. You know, I'm sure American military leaders would back it, you know, if Trump were to announce a withdrawal from the treaty, there would be a big political
fuss and so on. All that is true. But the impact of the treaty is actually,
the important impact of it is psychological, you know, US is a reliable partner, it would aid its
allies. Once nobody thinks the US will aid its allies, that could have consequences. It could have
consequences, you know, for Poland, for the Baltic states, for Germany. It could also have
consequences in Taiwan. So, you know, if the U.S. doesn't believe in collective defense anymore and
Trump isn't going to come to anybody's aid, then they're definitely not going to come to the aid
of Taiwan or South Korea or Japan. You know, if you look around the world at all the countries
that rely on the U.S. as a kind of backup security guarantee, then all those countries would instantly be in
trouble. And it is very, very dangerous and possibly very destabilizing. I mean, you know,
we could get lucky and maybe, well, it wouldn't happen, but the possibility is suddenly much
higher that there would be a much larger scale war in Europe and possibly a war in
Asia. Yeah, it's so important this point you make about the psychological impact because
the treaty really is dependent upon psychology. It's dependent upon the assumption that we are
coming to the aid of our allies. And if there is any doubt about that in the mind of an adversary, it undermines the alliance
from the get-go.
There has to be that assumption.
I will note that just recently in the defense authorization bill, there was an amendment
tacked onto it by Marco Rubio and a Democratic senator where they said, you know, no president
can withdraw from NATO without the approval of, I think, two-thirds of the Congress,
et cetera. So they're trying to nip that in the bud in a sense, and that's great. But as you point
out, that doesn't solve the problem of the intent, that if Trump is the president, there would still
be doubt in the minds of adversaries. And as you also point out, and we can talk about this
for a minute, what does that do to allies or to countries that are neutral? Don't they then think,
all right, the US is unreliable. I guess we have to make our peace with China or Russia or Iran
or another big power. That's exactly right. I mean, I mean, stipulate, you know, the Europeans do have
a defense budget, they're paying, you know, half, I think, even more of the, of the cost of the war
in Ukraine. I mean, it's not as if there's, there's nothing there. But yes, I do believe
that a feeling that NATO is over that US protections for Asian allies are gone, would
lead people in both of those regions to start to recalibrate. Okay, maybe I better do
a deal with Russia. Maybe it's better to have a relationship with China. Maybe, you know,
I don't want to have that US investment, you know, that the Chinese don't like,
maybe I should have a Chinese investment instead. It would inevitably change the atmosphere and mood,
even if again, even if there wasn't a war, even if there wasn't a Chinese occupation of Taiwan or invasion of Taiwan, there would be a change in the feeling. So we are,
we can't rely on the US. We can't assume that there are, you know, that deterrence will work.
Therefore we need plan B. And I think you would see that kind of, you know, this kind of cringe,
or I don't know what the right word is, you know, kowtowing to authoritarians,
you would see it all over the world.
Right.
And it would have economic consequences.
One of the things that Trump, you know, was constantly boasting about is that, you know,
he will produce the best deals and which is, of course, ridiculous.
But if our security guarantees are shown to be worthless, then it has economic consequences too, because those countries
are going to be less cordial toward economic integration with the US.
That's absolutely true. I mean, why are we so integrated with Europe? Why are the trade links
so deep? Why is it so much easier to travel there? Why are there so many connections? All that is
based on a very unfundamental security arrangements and alliances. And if you took those away, a lot of the
business relationships would eventually go away too. I mean, none of it would happen overnight,
but there would be a sense that, you know, it's not too safe to have too close relations with the
U.S. You know, it's not reliable. Maybe we need backups. Maybe we need alternatives. And you would see that shift. And it would be bad for U.S. business. It would be bad for
American influence and the idea of democracy around the world. You know, the idea of democracy,
that it's something reliable and stable and that there are democratic allies and alliances who
work together, that would be really badly damaged. And it would have a knock-on effect probably in ways we can't even think of yet.
I want to push back a little bit on your description of Trump's way of thinking.
Not that any of us wants to get into the brain of that guy.
But vis-a-vis NATO, et cetera, where you say he thinks what's best for me.
And no question that that's part of his rationale and thinking. He wanted to
have the G7 summit, I think, one year at the Doral Club that he owns. That was pretty transparent.
But I think it's a slightly different twist. I think he brings his own perverted psychology
about not being respected, not being honored personally to the US writ large. So he has this
edé fixe about NATO, for example, which advisor after advisor tried to show him was not true.
But he believed that the European allies were freeloading on the US and they were making fools of us because we were spending all this
money and they weren't. And therefore we were being made fools of. He took this personally
and felt that this, you know, damaged his fragile ego. I mean, a lot of people have complained that,
you know, European countries should spend more for their own defense. But his idea that somehow these countries owed us money
is something that he, despite endless efforts to talk him out of it,
he still believes to this day.
I mean, I think it's a kind of variation on what I was saying.
I mean, I still think it's basically about him.
You know, Europe trying to rip me off, you know.
Yeah.
Yes, he never understood there is no such
thing as a NATO budget. You know, it's not as if the US is spending money, you know, and that they,
you know, other people owe it to us. I mean, instead, each country has its own national
defense budget. And they try to hit certain targets. And you know, there's an ongoing
conversation about what, how much defense they really need and how much they don't. And you can argue
it in a lot of different ways. But no, there is no money that we are spending that someone owes us.
That's not how it works. And you're right. It was explained to him over and over and over again.
And he really didn't get it. But I mean, it may also just be because he didn't want to get it.
Even more important than that is his idea that the trade deficit is somehow important and that
reducing the trade deficit is going to make the U.S. stronger, which is just not, no economist
thinks that. But again, he believes it very strongly. Also, we have to contemplate when
we're talking about this, and this is going to be the issue that confronts us for the next 10, 11 months is the fact that this is someone
whose twisted psychology is such that he says before a crowd in New Hampshire over the weekend
to bolster his view of his own victimization at the hands of the Biden administration, he quotes Putin and says
that Putin has said, which of course he has, Putin has said that this discredits American democracy
because it proves that the regime is merely trying to persecute and prosecute its political
opponents. And Trump quotes this with approval. It is mind boggling. Your thoughts on that?
Yeah, it's mind boggling, but it's also, he's been doing this for a long time. So he has been
quoting and using Russian propaganda, you know, since the 2016 campaign. And it was one of the
first things about that campaign that struck me as off, you know, very weird. There were particular lines. Do you remember Obama created ISIS? Oh, yeah. We will start World War Three. Those were actually
propaganda lines that were from Russian sources. And then they were kind of promoted by the sort
of Russian amplification machine. And then Trump took them up and ran with him. And he kept doing
that repeatedly, you know, all through 2016. It's one of the many
oddities about him that, I mean, that piece of it, I don't know that anybody's ever investigated
or resolved. Whoever is giving him access to Russian propaganda or Putin's speeches or whatever
it is, he is instantly attracted to it and he repeats it. He is attracted to the idea of that
kind of power. So Putin does have a lot more power than the American president has inside his own country. You know, he controls all the media and all the courts several times. And of course, he admires the North Korean
dictator, even though the North Korean dictator presides over a horrifically poor, sad, backwards,
unpleasant police state. But he admires the power that those kinds of people have. And he was never
able to understand, you know, the American system of checks and balances or why presidential power is limited.
And by the way, you know, our presidency is very powerful and much more powerful than it used to be.
But there are still some limitations. You know, there are laws about ethics, there are rules about people who work for the president and so on.
And he was never, ever able to understand those and never able to understand why he couldn't simply defy
everything. I mean, a classic example of this is the stolen documents case, which is really
very, very weird. He took secret documents with him. He was told over and over again that he had
to give them back. He doesn't have any need for them or reason to have them. I mean, unless he's
selling them to somebody, which for all I know he is. He was repeatedly told, and yet he persisted. The only explanation for that I can think of is that he had this idea that
I was the president, I can do whatever I want, no one can tell me what to do. And so even a kind of
standard law that everyone else has obeyed, or when someone has broken a rule about secret
documents, usually they say, oh, goodness,
I'm sorry, and they give them back. I mean, there's no previous president who behaved as he did.
It's a small thing, but it's a reflection of his inability to understand that the president is
subject to the rule of law, that there are checks and balances, that that's how our system works.
And he admires people who have absolute power, and that's what he would like as well. I don't think it's a small thing.
I think it's a fairly large thing.
Another aspect of that whole tropism of his toward authoritarians that hasn't gotten enough
attention since he left office is that on any number of occasions, it's very clear if
you go back and trace his phone calls with autocrats or
dictators, and then the things that come out of his mouth a few days or hours later, he
will frequently parrot their line.
Do you remember the bizarre situation where, I think it was Moldova, where Trump started
going on about how they're very bad people after he had spoken to
Putin. And he said, you know, they're very warlike, they're very bad people. And then,
you know, if they're in NATO, well, then what do you know, next thing, it's going to be World War
Three. It was, you know, just after he had spoken, do you remember what I'm referring to?
I remember. I mean, it's a classic thing. You know, he repeats these lines
from Russian propaganda, and you're it's a classic thing. You know, he repeats these lines from Russian propaganda,
and you're right, from Putin himself.
One more thing that we should discuss vis-a-vis Trump
and his weird thoughts is how he views Ukraine.
Because, of course, the first impeachment was about him
attempting to strong-arm Ukraine into announcing, not necessarily performing,
an investigation into Joe Biden because Biden was his most likely political opponent. We all know
that. But he also has swallowed this whole narrative about how Ukraine was really the
country that was interfering in the 2016 election, not Russia. And so his hostility to Ukraine, and he has
already said he would abandon Ukraine, you know, he would solve the problem in 24 hours, which means
abandoning Ukraine. Can you talk a little bit about his weird fixation there? So David Frum
recently, a couple of days ago, wrote an article in which he described this concept of under news, that there are these sensational stories that float around, you know, on social media or,
you know, in weird corners of the internet that lots of people know about and talk about,
but aren't really presented on the main news because they're just too weird and they're
invented and they're propaganda. But lots of people are referring to them. And one of them
is what you just said, which is this kind of weird underground version of 2016, in which the
Ukrainians somehow swung the election. And Trump will sometimes refer to this or sort of imply,
you know, sometimes say things that depend on that particular mythology. My assumption is that there is someone around him. Maybe it was
a client of Rudy Giuliani. Maybe it was someone else who puts this in his head and, you know,
then he repeats it. But you're right. It is another one of his eday fixes that is exactly this, that,
you know, that somehow Ukraine is opposed to him. You know, the Ukrainians, of course,
you know, in 2016 and afterwards have been, how do we cope with this?
You know, the last thing they wanted ever was to be at the center of U.S. politics in some scandal.
I don't know if you remember the first time Vladimir Zelensky, Vladimir Zelensky came into probably American consciousness when he met.
There were these weird meetings with Trump where, you know, Zelensky looked around and Trump would say weird things.
And there are these funny memes of Zelensky looked around and Trump would say weird things. And there are these funny memes
of Zelensky's face in response. I mean, the Ukrainians did their best to get along with
Trump. You know, they tried to figure out what could they do to, you know, placate him. It's
one of his fixed ideas, you know, along with his admiration for dictatorships, he has a kind of
scorn for democracies. I mean, he doesn't like France, particularly, he doesn't like
Germany, you know, but in that list, he also dislikes Ukraine. And again, where it comes from
exactly, I don't know. I mean, it probably predates his presidency. I mean, you remember
the weird incident at the Republican National Convention in 2016, where there was some language
about Ukraine in the platform that some guys tried
to get removed. So there have been people working on him to get him to see Ukraine that way for a
long time. And I cannot tell you exactly who they are, but that's not a conspiracy theory. I mean,
we can see it. What exactly it is, I can't say. And of course, unfortunately, Trump is now the
leader of the Republican Party. He has an enormous amount of influence, you know, on elected Republicans, on the Republican Congress.
And I think actually a lot of what's going on in Congress today, the resistance to signing
a bill on aid for Ukraine. I mean, some of it maybe is about, you know, okay, we need to give
money for the border. But I think a lot of it is just Trump. People in Congress desire, they want
to suck up to Trump, they want to cater to his weird prejudices.
In order to do that, they're going to block money for a country that's fighting for its
life, you know, an American ally.
It's so horrifying and so kind of un-American, also so self-defeating.
You know, a war for Ukraine would be such a catastrophe for the United States, for American
business, for America's image in the world. If you think the withdrawal from Afghanistan was bad, you know, wait for that. It would be an unbelievable catastrophe. And yet, you know, you have senior Republicans, particularly in the House, but also in the Senate, who seem willing to risk that in order to suck up to Trump. And it is very, very disturbing.
In addition to sucking up to Trump, I think some of the members are also responding to
their constituents getting their information from Putin apologists like Tucker Carlson and others.
So it goes even beyond Trump into the conservative information environment. But let's talk about an
idea that you also wrote about recently, which is, so after the Russian invasion of Ukraine,
Western countries froze about $300 billion in assets. And so there's a proposal going on now
that that money should, or most of it, maybe certain
carve-outs.
My husband is actually representing somebody who's suing the Russian Federation on another
matter, so that we don't maybe want to do all of it.
But anyway, the idea is to transfer these funds to Ukraine.
Tell us about that.
It's been around for a long time, this idea.
There are a couple of economists, Sergey Goryev and also Larry Summers, have been talking
about it.
Lawrence Tribe, the Harvard legal scholar, did a big paper that he wrote about it that
was published in September that goes through the legal and the moral and the practical
case for why it should be done.
Of course, actually, the moral case is easy.
We froze these $300 billion worth of Russian assets.
Russia is damaging property and, you know, in Ukraine and removing sovereignty from Ukraine.
So the rest of the world has absolutely the moral right to take that money and to give it to Ukraine to help their economy to do reconstruction. You know, sooner or later, people are going to want
Russia to pay reparations to Ukraine. You can call this a down payment on reparations. I think it would be very popular. I think everybody would instantly
understand it. I don't think it's kind of morally difficult at all. And actually, legally, I talked
to Larry Tribe a few days ago, and he said, you know, look, that you can point to the number of,
you know, international laws that Russia has broken, you know, one after the next,
after the next, and you can make the justification on those grounds. The main objection has been pragmatic and practical, you know,
would there be retaliation, you know, would there be consequences for, you know, other countries not
wanting to put their money in Western financial institutions, you know, could that, you know,
and there is probably some risk of that. But, you know, look, we're getting to the point where I
think given that there are, you know, pro-Russian forces now, you know, at work in the U.S. Congress and there are, you know, there's at least one country in the European Union, which is also pro-Russian.
This is, you know, Viktor Orban's Hungary.
And we're running into difficulties, you know, because our systems require consensus and because it is possible to block the majority with a determined minority.
You know, it's getting to the point where we need to take the risk and give that money to Ukraine.
You know, it's something that could be done very quickly.
The money, I should say, is in different places.
Some of it's in different European countries.
I think a lot of it is in the UK.
It's not all in the U.S.'s gift.
But the U.S. could certainly lead, you know, as the leading financial power, leading economic power in the world, the US could lead a
coalition of countries who are determined to do this. And I think it would make a big difference.
And also, it would be an important psychological blow. Because again, Putin is beginning to gather
strength, you know, this feeling that, all right, I'm going to make, you know, the West is cracking,
if I just hold on long enough, you know, I'll be able to take more territory, or maybe I'll even
take Kiev, he's actually repeated last week, his goal, which is still the conquest of all of Ukraine, you know, it's still the destruction of
Ukraine as a nation, you know, he's still saying that, you know, even almost two years later,
and a blow like that would give him pause, you know, it would ruin his narrative. So no,
you're not going to get to keep going because Ukraine has just been given $300 billion of your money. There's a good answer to the case, I think, that this would undermine confidence of people in
putting their money in Western institutions because, oh, you know, politics could come along
and then your money would not be safe and the governments could just decide to give it to
someone else if they think you've committed aggression or whatever. And the answer to that
is actually there aren't that many safe places to put your money in the world, right? Where are
they going to go? Dubai? I don't know. I mean, these are all countries that would be ruthless
with your money if they needed to be. Which is another lesson, unfortunately, that a lot of
Trump supporters do not understand, namely, that one of our great
strengths as a country and part of our economic vitality is the perception that we are politically
stable. And when you begin to tamper with that, you're undermining the foundation of a lot of our economic power as well, because people trust
the US dollar. If they cease to trust the US dollar, that would be a disaster for our economy.
That's absolutely true. I mean, and they trust the US in a lot of other subtle ways as well.
People believe in contracts that are made in the U.S. and people believe in financial regulation in the U.S.
And all of that is dependent on the image of the U.S. as a stable country in which there's predictable changes of power, in which there aren't these wide swings.
You know, we don't have one political system one day and another one the next day.
And yes, I'm afraid a Trump reelection would damage that image and not just the image.
I mean, it would damage the reality.
You know, we would become, you know, a more unstable country.
You know, if we were to reelect Trump, we would be reelecting someone who was running
explicitly against the Constitution and against the rule of law.
You know, he's saying it every day.
That would have, you know, all kinds of implications and consequences across our country, but also around the world.
Yes. All right. Thank you, Anne Applebaum, for a great discussion. Really appreciate you joining
us. Happy holidays. Happy New Year. And I want to thank our listeners and just remind you that you
can tune in to Beg to Differ. It usually is available on Friday mornings.
Look for it on wherever you get your podcasts.
This podcast will be back tomorrow
and do this all over again.
The Bulwark Podcast is produced by Katie Cooper
and engineered and edited by Jason Brown.