The Problem With Jon Stewart - Trump’s New World Disorder with Adam Tooze and Ivan Krastev

Episode Date: January 21, 2026

As Trump openly threatens Greenland and other European allies, Jon is joined by Adam Tooze, author of the Chartbook substack, and Ivan Krastev, Chairman of the Centre for Liberal Strategies in Sofia. ...Together, they examine what Trump’s Greenland ambitions reveal about his worldview, discuss the dismantling of the international order built after World War II, and assess Europe’s capacity to withstand this pressure. Plus, Jon tackles the questions “Are we f**ked?” and “How do anxious overthinkers get into comedy?” This episode is brought to you by: GROUND NEWS - Go to https://groundnews.com/stewart to see how any news story is being framed by news outlets around the world and across the political spectrum. Use our link to get 40% off unlimited access with the Vantage Subscription. AVOCADO GREEN MATTRESS - Get 15% off mattresses at https://AvocadoGreenMattress.com/TWS GRAZA - Take your food to the next level with Graza Olive Oil. Visit https://graza.co/TWS and use promo code TWS today for 10% off your first order! FACTOR - https://factormeals.com/tws50off Follow The Weekly Show with Jon Stewart on social media for more:> YouTube: https://www.youtube.com/@weeklyshowpodcast> Instagram: https://www.instagram.com/weeklyshowpodcast> TikTok: https://tiktok.com/@weeklyshowpodcast> X: https://x.com/weeklyshowpod > BlueSky: https://bsky.app/profile/theweeklyshowpodcast.com Host/Executive Producer – Jon StewartExecutive Producer – James DixonExecutive Producer – Chris McShaneExecutive Producer – Caity GrayLead Producer – Lauren WalkerProducer – Brittany MehmedovicProducer – Gillian SpearVideo Editor & Engineer – Rob VitoloAudio Editor & Engineer – Nicole BoyceMusic by Hansdle Hsu Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Starting point is 00:00:26 Learn more at Adobe.com slash do that with Acrobat. Hey everybody. Welcome to the weekly show podcast. My name is John Stewart. I'm the host of the weekly show podcast, and we are here. during exciting times. It is January 20th. I think this is coming out on the 21st,
Starting point is 00:00:48 which is the day that Trump lands in Europe, reverse Mayflower. He's getting on the, probably not boat, I would say nuclear power submarine, and landing at Davos to tell them which parts of Europe he would like, the Whitman sampler of all that Europe has to offer and what he would be putting in his rucksack
Starting point is 00:01:10 and taking back to the United States. We're actually talking to two really just fascinating, I think, experts on Europe and the political scene there. And as it relates to America, we go through a myriad of ideas in terms of, is there an actual strategy behind the dismantling of the Atlantic alliances and maybe moving away from this whole, I don't know what you would call it, liberal democracy model, which is so been an albatross. around America's neck for so long. So we're going to get to Adam Twos and Yvonne Krastev. We're jumping right in today, guys. We're, as I've always promised on this podcast, we are nothing, if not, reacting to the day's news,
Starting point is 00:02:01 even though we only have it once a week. We are here in an astonishing moment in history. We have Yvonne Krastev, who is the chairman, Center for Liberal Strategies, located in Bulgaria. Also, by the way, board member, the European Council on Foreign Relations, which may come in handy right around now when we're looking to foreignly relate to the EU. And also our good friend, Adam Too's,
Starting point is 00:02:27 you obviously know his chart book, Substack. And by the way, gentlemen, welcome. Thank you for having us. I don't want to jump in with the excitement. But my God, Adam, you're in Davos. Yeah. And you just had a panel. Tell us a little bit as we get started on your panel that you held in Davos. And then we can talk about what the breakfast, what the continental breakfast is there, the types of pastries. The dark secret of Davos is the catering sucks. So it is not, it is not the honeypot that you're promised. It is brutal. That is stunning. It is brutal. It is brutal. This is the sensational piece of information in this podcast. That's going to get pickup, Adam. That's getting pickup. You do not come here for the luxury
Starting point is 00:03:14 entertaining. I would have thought hot and cold running musely. Am I wrong? Well, that would be, yeah, but it's all day long. Yeah, the whole forum is overshadowed by Greenland. Well, just Trump in general, if it hadn't been Greenland, it would have been the Fed. And if it hadn't been the Fed, it would have been Venezuela. But because the forum, though it is a global organization has its heart beating in Europe, this really comes home here. And we're just waiting as a series of buildups for Trump's promised arrival tomorrow afternoon. God knows when. The whole place will be in chaos all day long.
Starting point is 00:03:51 But we've had Besson, I had Luckneck. We've had Macron, the Chinese vice premier. Right. We've had von der Leyen. Am I wrong to think Macron was sporting what appeared to be Tom Cruise aviators while giving a speech? The gossip is that he was high as a kite, to be absolutely honest. and he came across that way. I mean, he was jolly.
Starting point is 00:04:15 It was a disinhibited speech. As he was speaking, I could actually hear faintly, Highway to the Dangerous Owl. It was crazy. He made a reference to dick size as whether or not this was going to be like this was driving it. A Danish MP told the American president in language he thought he might understand. Fuck off.
Starting point is 00:04:37 He tells him to fuck off. It's wild. So then I had the pleasure, it turned out, of hosting Howard Lutnik, the Commerce Secretary, and his embarrassed analogues, Rachel Reeves, who's the UK Treasury Secretary, and Minister Champagne of Canada, Mark Carney was speaking and apparently gave like he just fleam the Americans while we were on the panel. Stemwinder, baby. And then we had CEO of Bank of America and CEO of Ernest and Young to kind of give us
Starting point is 00:05:07 the business perspective. And I mean, I love doing this kind of like high wire chairing is, is, it's, I don't need to tell you. It's, it has its own fascination, it's a dynamic energy. And we were brief to wind things up a little bit. We were told not to play things down. So, so I didn't. And I just asked, bluntly asked, like, essentially, because Blutnik presents himself. You bluntly asked about Greenland.
Starting point is 00:05:35 You went straight Greenland. Well, I mean, I, well, Blotnick, he set himself up. He came into the green room, like boasting about all the money he was mobilizing. So I was like quizzing him a bit. And at some point, he literally said, you got to understand when it comes down to it, I am, quote, the hammer. Like it's like some, you know, some ambulance chaser advertising on the New York subway. He referred to himself as the hammer. As the hammer.
Starting point is 00:06:00 Yeah. So gift to moderator, Mr. Commerce Secretary, on the one hand, I hear all the bull in energy. and then I hear this note of menace, how would you anticipate Europeans who are not fundamentally differently wired than you reacting to this kind of mixture? That didn't go very well. And he went off down his track
Starting point is 00:06:24 and then I brought him back and he just point blank refuses to ask questions about Greenland and about the Fed. Can I bring you back to Greenland? No. It's unnecessary. It's the Western Hemisphere. hemisphere is vital for the United States of America.
Starting point is 00:06:41 Our national security people are on it and they care about it. And I'm going to leave it to them to address with our allies, with our friends, and with everyone how they work it out. But the Western hemisphere matters to the United States of America. And the United States of America, as I've just articulated, really, really matters to the world. When America shines, the world shines, because they all need to make sure America is strong and powerful to take care of them. God forbid.
Starting point is 00:07:07 And so I think America and the Western Hemisphere are vital to America, and I'm going to leave that to my national security people to address. Right. It was as brutal kind of pulling down the roller blinds as I've seen on a panel like this. It's very unusual because it lays you open, right? It's not really the more sophisticated way of just absorbing it would have been to roll with a hit and to give some kind of spiel. No, he shuts it down.
Starting point is 00:07:35 You know, it's incredible for someone to refer to them. as the hammer and then be presented with nails and say, oh, no, no, no, no, no, other people do nails. You know, what I saw from Lutnik was, no, no, no, no, that's not my, I defer to my colleagues in the, you know, international departments. Now, Yvonne, I want to bring you in here. You've been observing this for years. You are the author of the book After Europe.
Starting point is 00:08:00 I'm assuming you are working as we speak on After America, the sequel to After Europe. As you watched, I'm assuming you did some of Adams' panel in Davos and some of the other. How much of this did you anticipate as being the kind of underlying cleavage point between America and the EU and the world order of the past 80 years? And is this a crystallizing of a moment you foresaw? Yeah, listen, I've told you that it's a moment which it's not easy to forget. From this point of view, by the way, it's very interesting if you see West Europeans and East Europeans how we're reacting to this. I do believe West Europeans are shocked because they don't understand what Trump is doing. And these Europeans, we are scared because we do.
Starting point is 00:08:56 Brilliant, sir. Because we have seen this before. In a certain way, this is a revolutionary moment. And he basically going, he's overtaken, to be honest. The problem with the revolution is that you cannot run them. they're running queue. So at some point you don't know what you're doing because the speed is overtaking you. You start your radicalizing. If you're going to ask him probably three months ago how important Greenland was, he'll not going to tell you, but now he cannot stop. And here, in my view,
Starting point is 00:09:25 is the interesting story because Europeans, and this is where I do, believe Trump, totally misread Europe. He said that Europe is weak, and this is true. But Europe is so weak that we cannot cave up. Now, why do you say that? This is the paradox. Yeah, because, listen, Europeans now is when it comes to Greenland, this is very much facing your own societies. Because, of course, he could have got, to be honest, he has been gotten Greenland, if he was quiet, if he takes time, if he was talking to the Danish.
Starting point is 00:09:57 I'm sorry, are we discussing Donald Trump still? Quiet and conciliatory. Yeah, yeah, but exactly. But he cannot do this. Because in a certain way, this is a very interesting story. I always believe that if he was in a movie production, he was never going to produce films, just trailers. That is absolutely true, Yvonne.
Starting point is 00:10:19 He loves the announcement. He loves the pronouncement. He does not like the maintenance and the follow-through. And I think you're beginning to see that so much of, let's even bring it around to sort of the central lever by which he is using coercion, and that's the tariffs. Well, this is why I thought it was fair. Hey, yeah, I'll slap that. Nick. He's tariff man. He's tariff man. He's the hammer. Adam, you were exactly right. But we negotiated with the EU. First of all, he threw out all the deals that had been done and renegotiated new tariff levels, right? Everybody agreed. Everybody walks in. Now, not even six months later, he decides, okay, I know we negotiated all these deals with Europe. And we have our tariffs.
Starting point is 00:11:06 in place. I am now going to throw those over. So at every turn, if you don't do what I want, I am going to re-examine these negotiations. Adam, that has to be the most, then what is the point of anything, of any treaty? I mean, it's real abusers language. The way they do it is to say, look, you're getting, you know, you're getting all upset. We're just threatening you and brutalizing you, and you know what's going to happen. We're going to sit down afterwards and make up, and then it's all going to be okay. It's literally that kind of language of serial abusive relationships. Like, you know, I love you actually, but, you know, I had a bad night.
Starting point is 00:11:45 But he's been taught that there is nothing he can do that makes people walk away and not give him what he wants. Yeah, and so they will keep coming back. And it's not clear it's really a ratchet, right? Because China's ended up in a really remarkably favorable tariff position. China, of course, pushed back and said, like, this far and no further. I'm agreeing, I would agree with it, Ivan, that this does seem like a moment where Europe might finally start moving down that route. They have this thing called the anti-coercion instrument, which was, of course, devised for
Starting point is 00:12:20 China and Russia, because the Europeans were worried about rare earth-type moves or gas cutoffs from the Russians. And at Ozu-Landale, I think, no, it was Macron that said. it today. Like if we use that instrument against America, the world is topsy-turvy. Our old friend is back. Ground News. Boy, do we need this. Helping you stay clear-headed in an online news slog. Information and news are a nightmare right now. Just an incessant algorithmic stream of nonsense. Brown News's website and an app that helps the readers navigate the unrelenting news cycle. Organizes the headlines from across the news spectrum by story.
Starting point is 00:13:12 It shows visual breakdowns of political bias and ownership. Where has this been? Ground news avoids bias, refuses to run ads and rejects individualized news feed algorithms. Founded by a former NASA engineer. Are you a NASA engineer? Probably not. The platform remains independently operated and supported by its subscribers. This is what we've been waiting for. go to groundnews.com slash Stewart or scan the QR code on screen to see how any news story is being framed by news outlets around the world and across the political spectrum. Use the link, groundnews.com slash Stewart or scan the QR code to get 40% off the vantage plan, which unlocks all ground news features. Yvonne, I am very dubious that Europe will. I mean, this is part of Trump's strategy is he believes Western Europe, the liberal Europe. You know, to Trump, France is gay. That's his problem with all of this.
Starting point is 00:14:21 Like, he doesn't like Enlightenment Europe. He likes Hungary Europe. He likes the right-wing authoritarian Europe. And in some respects, isn't what he's doing further weakening what we consider to be Enlightenment Europe and empowering, I won't even say Maloney. I think he's going to be. I think he's gone much further than that, but empowering Orban and the others, and isn't it maybe more likely that his theater further weakens people like Macron and Starmor and strengthens the illiberal leaders? Listen, this is ideal if it's his major mistake, because of course there is particularly in the eastern part of Europe.
Starting point is 00:15:10 People who like his anti-immigration policy. As you know, Eastern Europe is not particularly the place where sexual minorities are dwarfed. But Greenland is different. Listen, it's about land. It's about territory. And here's the problem. Most of these people on the far, on European far right, they're nationalists, which means they know their history and they believe that land is secure.
Starting point is 00:15:38 And he has a real estate view of land. And they're not like this. And one of the paradoxes that if it was about any type of a walk or if it was about migration, he was going to have an allies. And now his allies are silent. So he's allowing, by the way, I don't know how interested and to certain extent how skillful the liberal leaders are going to be, but it is the moment to have a new consensus on Europe. And do you know what happened in the European Parliament when basically they decided not to ratify the trade deal that was reached six months ago?
Starting point is 00:16:18 And then when the president of the parliament said, we are standing behind Denmark and Greenland. So the mainstream parties, the members of the European Parliament from the mainstream parties went up. And then suddenly, one by one, the nationalistic MP starting to stand up again also, including the urban people. because this is the story which he got totally wrong. Because he's not a classical nationalist. He's not interested in history. To be honest, he's not interested in future. And this is why it's so difficult to have a contract with him.
Starting point is 00:16:50 If somebody does not believe that future matters, you cannot have a contract with him. Because it's based on the fact that there is future. And I'm not sure that Trump is interested in anything which is beyond his life time. And this is why he created a difficult moment for his allies. Yes, for sure. East European countries are going to insist that we are not going to use the bazooka, that we are going to be more proportional. This is for sure.
Starting point is 00:17:14 But you should have listened to the Polish Prime Minister. Tusk went very hard. And listen, for Poland, which is the most pro-American part. For him, basically, America was defense from Russia. The way he started talking about this, it means also that he knows that his publics or the majority of the polls on these issues are going to side. with Europe and not with Trump. Let me ask you, let me push back a second on one thing, and that was, and then Adam,
Starting point is 00:17:43 I'm going to ask you, Donald Trump, when you say he's only interested in his lifetime, I actually think it in some ways might be the opposite. I think he thinks only in terms of legacy. Look, he puts his name like an eight-year-old on everything that he owns, and he views through the prism of history, this idea that I'll be the Louisiana. purchase guy. I'll be Seward's Fah. I'll get America, Alaska. I'll get them Greenland. I almost think he's thinking it's not about that he doesn't think past his lifetime. It's that he doesn't think about what we're going to need to manage and hold on to this new world
Starting point is 00:18:26 order that he's creating. But Adam, go ahead. Yeah, I mean, I would, I like that version. I mean, I think there is a neo-nationalist group within the Trump administration that is closely affiliated with the AFD and Orban and so on. But I would associate them more with the Millers and the Vance's in the administration. I think there's a Rubio-Neo-Conwen, which is probably having a pretty hard time with all of this, because there are more conventional, NATO-orientated, Atlantisist kind of side. And then I think the president is sui generis, and I totally agree with you, John. What really struck me is some line about how America's being trying to get this deal done for 150 years.
Starting point is 00:19:08 President after president has wanted to buy this real estate. And I want it and I want my name on it. And that is the key. And I think it's these differences within the Trump coalition. We're seeing it here at Darbois. I mean, they're doing some, they did an event for the Churin shroud under the headline. the world's first selfie was Jesus. This is good.
Starting point is 00:19:35 In America's Pavilion, which is celebrating 250 years of the United States, they got Gillian Tett, the anthropologist editor of the ex-editor of the F.T. To preside over an American hosted event on the Chirin Shrout. There's that element. And then there's Donald Trank really wanting to, because I also feel Donald Trunk loves, he kind of likes, he likes Scotland, he loves the glitz of Paris, he can tell... Well, he likes Scotland because he has golf courses there.
Starting point is 00:20:03 But if Scotland didn't let him build, he would hate Scotland. But he appreciates good guilt work and he knows you can't get it in the US and they have it in spades in Paris and his mate Macron, who's a bit of a player, actually kind of digs him, which is why he's saying like, you know, Donald, what's wrong? What are you doing? In Greenland, I don't understand. Oh, my Lord. But I think there is a faction in the Trump, which is really down the right, the...
Starting point is 00:20:29 The East European, Hungarian side. Adam, you're right, but it's different about him, because normally, this is about legacy, probably, but he cannot trust that when he's going to die, they're going to make all this naming after him. And this is the interesting story. This is a person who wants to give the speech on his funeral. No question. And this is very important.
Starting point is 00:20:51 He wants to do it for himself. And this is why, in my view, his understanding of time is very interesting. I remember when he was talking about what they have discussed with the Chinese president. He said, she promised me that he's not going to attack Taiwan while I'm in power. And I don't believe this is important because on the other side, for how long you're going to leave, how long you're going to be in power, this is changing dramatically. I don't believe we're totally underestimating the importance, for example, of the famous Putin-she talk about we're going to leave 250 years. There is something happening with the idea of time. And this is why he's so on one level exceptional but on the other level symptomatic for something that is beyond him.
Starting point is 00:21:37 And this is why trying to focus psychologically on Trump, in my view, we're making a mistake. It was so interesting hearing the Chinese vice premier today who gave, you know, the Chinese calm and they have these extraordinarily technocratic senior politicians. And it was I literally sat and took a note, Yvonne, which was they have this idea. of the flow and the tide of history. And that Chinese have this intact, coherent, modernist kind of vision. And if you do Trumpy things, the real problem with them is not that they're bad or wrong. It's just they're out of keeping with the time and history will punish you. And this obviously is just completely disintegrated in the Trump camps.
Starting point is 00:22:17 So let's take a step back for a moment and look at this from that more historical perspective and maybe get a sense of what's going on here. My understanding of the formulation of this special relationship is based on sort of a World War II era feeling that this is a battle between liberal democracies, foundational constitutional republics, and authoritarianism, whether that authoritarianism reared its face in communism or fascism.
Starting point is 00:22:53 So we were going to, to demonstrate that free peoples rule with a wiser, more stable, more prosperous hand. And we did all kinds of, you know, alliances. But basically, we were going to prove that capitalism and democracy and the consent of the governed was far preferable, not just morally, but also in terms of tangible result, than these other authoritarian regimes. That original bargain, that original sort of what drew us together,
Starting point is 00:23:35 I think is over. And what appears to me to be is it is now an alliance, Trump being merely an implement of that, between the battle between woke and not woke. And that's how they're drawing So when everybody talks about, what does Putin have on Trump? Putin doesn't have shit on Trump.
Starting point is 00:23:59 They agree. And the acolytes, that's what everyone's trying to hide here, is that in truth, Trump actually, and that side of America agrees. We want a less gay friendly, more religious, anti-elite rule by strongmen. What do you guys think of that new? as that being the polarity of the world. Am I overstating it? I'd believe if you are touching
Starting point is 00:24:30 on something important but slightly overstating it. Bring it. Yeah, behind this, of course, is a major important fear, but it's very much rooted in demography. It's much more the fertility rate, and here the gay man
Starting point is 00:24:44 and the gay women are much more the symbol of why we do not have kids. This fear that to one level, your country is very powerful, but on the other side that it's in total decline. And this is very important for, not only for Trump, but for the right-wing imagination. Because you start to live like the last man, why we're not reproducing what is happening. Is this not a suicidal society?
Starting point is 00:25:09 Is this a kind of individualism and so on? I totally agree with you that they don't think in terms of democracy versus authoritarianism. And secondly, Trump himself in a certain way, he talks that America is great. But I don't believe he does not trust American model. neither is an economic model, nor it is a political model. He's all the time envying others. He's envying the Gauss. He's envying the Chinese.
Starting point is 00:25:33 But Yvonne, he trusts it in the hands of, and this is what gets to what I'm talking about, he does trust the American model as long as it's in the hands of white, Christian. That's when he trusts it. The whole thing you're talking about in terms of demographics, they're only concerned about demographics in the sense that,
Starting point is 00:25:53 minorities. Look, Elon Musk just put out on his platform, or he agreed with it, a statement about if whites are ever the minority, they'll be slaughtered. But this is the most important. This is what they're talking about. Totally agree. And he's very important because for all this talk about Cold War, we believe that the most important thing that happened in 1989 was what happened in Berlin, the end of the fall of the wall. But in a certain way, if you see these people, They identify 1989 what happened in South Africa. Suddenly, you have a majority which is different than us.
Starting point is 00:26:30 And by the way, it's much easy to become from communist, anti-communists than from white to become black and the other way around. And this kind of a story that there are too many people. I've seen movies about that. I think that's true. Yeah. And, you know, there are too many people not like us, and democracy is about numbers. And this comes the fear of democracy. Because democracy at the end of the day is counting.
Starting point is 00:26:51 and the fact that we are going to be outvoted, this created this kind of anxiety about democracy. And this is not by accident that most of these people, they're not so much talking how you're going to govern the world, but how you try to run out of the world, how to escape. We should go to Mars. And by the way, why Greenland is so interesting? Greenland is important because you have everything there but no people.
Starting point is 00:27:17 In a certain way, you have the resources. I don't believe that we should go on another planet, this is part, particularly when it comes from the Silicon Valley type of an imagination, because this world is becoming kind of unlivable for us. But if it's unlivable for the billionaires that control everything, what chance to the rest of us have? But Adam, speak to, get back to, is this what's happening? Is America now acting as though they are fearful of democracy?
Starting point is 00:27:48 And that democracy actually is the wrong thing because we've populated the country with people that they don't believe are worthy of that. I do think the race, I don't want to play these off against each other, but if you, I think the race as an organizing category is more powerful than woke in general. Okay. Because historically, I think the form of conservatism and rightism that has clustered around Trump comes out of the backlash against civil rights. I mean, if you think about the American polity as going through a series of convulsive major changes,
Starting point is 00:28:23 one is the New Deal, and another one is the Civil Rights Revolution, and then, you know, the Civil War and Reconstruction before that. And the immigration changes at the same time, Civil Rights Act and then the alien immigration. In immigration happens at the same time, 65, right? So Trump has a solid track record as a standard racist, an anti-black racist. In his party days, he was notably, he's not a standard. conservative on sexuality, including on homosexuality, right? So I think the line, this idea of kind of great displacement, that the savagery of ICE, the casual anti-black, anti-Chinese,
Starting point is 00:29:02 I mean, just the comprehensive white power kind of vision, that rings true to me as an organizing idea of a conservatism. Does it make you hostile to democracy? I'm not sure that follows, it makes you hostile to liberal versions of it or the version that American liberals have pushed. It makes you hostile to the inhibiting norms of the rule of law, all those kind of things. But of course, their idea is that once you get the citizenry down to the sort of people who should be allowed to vote, then that group will solidly return their kind of politics, right? So I don't think it's illiberal. It certainly wants to, I mean, one of the most shocking pieces of news in the last 24 hours is that the Americans have clearly been waging a campaign against
Starting point is 00:29:52 French judges presiding over the case that was going to prosecute Marine Le Pen for various types of corruption, corrupt practices, and officials from the American embassy visited French judges. So they have a thing for judges. They have a thing for the independence of the judiciary. This is a problem. But understand this. They've been doing that around the world. Around the world. They did that with, they put 50 percent. tariffs on Brazil to get Bolsonaro. But this is to do with the independence of the law, right? So it's not democracy, it's the independence of the law.
Starting point is 00:30:24 But there is some important paradox. And the paradox is the following. Look at some of the countries that he likes a lot, Emirates, the Gulf countries. Listen, this is the countries with the highest number of immigrants in the world. So it's not about migration. It's about migration with rights. If they're going to come simply as a laborer. Yeah, those are workers, laborers.
Starting point is 00:30:44 They don't have full rights. Exactly. And this is in my view the story, and I took it. This is very famous, you know, in 1953 during the anti-communist protest in East Berlin, Brecht has this famous poem when he said, if the government does not like the people, they should elect the new people. And this now, suddenly you have a government who believe that they should elect people because otherwise the situation is getting out of control. So migrants are fine. By the way, this is also true for Europe.
Starting point is 00:31:15 People normally are going to say Victor Orban is very much against foreigners. Do you know that in 2018, Hungary was the country that gave the most labor permits in the European Union? The problem is about you can share labor market. What you are not going to share is power. And this understanding of democracy where citizenship goes with ethnicity, with race, and things like this, this is changing. And it goes all the way back.
Starting point is 00:31:42 I mean, this, if you look at the constitutions of the country, Australia as it becomes an independent Commonwealth, which was a huge inspiration for racists in California and also conversations in South Africa, it literally says that we will decide who the people are, with a view to excluding Asian migrants, right? So this Brechtian quip that the government should elect a new people is for those who have always been addicted to trying to defend white rule at the frontiers of power, this has always been a key, I mean, explicitly formulated constitutional principle.
Starting point is 00:32:25 Hey, I just, I just sleep last night. Did you wake up at two, sweating? Thinking a little bit about, what if Greenland invades us? What did you ever think about that? Yeah. Well, I didn't sleep very well. But here's the other thing.
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Starting point is 00:33:09 You get all there without the harmful chemicals that you've certified organic non-toxic materials. Offer sleep trials of up to a year to make sure you get the best match, for you. I don't see anybody else doing that. Avocado. Dream of better. And now they're having a great sale on mattresses. Go to avocado green mattress.com slash TWS to get up to 15% off. That's avocado green mattress.com slash TWS for up to 15% off of mattresses. Avocado green mattress.com slash TWS. Now I want to separate, you know, the, what we're doing in Greenland and what we're doing in Venezuela from this larger context about democracies. Because to my mind, again, the exceptionalism that supposedly was America
Starting point is 00:34:00 was that we were going to do away with that, that the rights of citizenship are unalienable, and that the people that are there, if they are citizens, that the whole point of it was that it wasn't going to be tied to a religion, a race, a practice, a political ideology, that it would be about the consent of the govern within a constitutionally mandated system. That was supposed to be what was so novel. And again, what transformed what was either feudal systems or warlord systems or authoritarian systems into this prosperous world order, which by the way, and I want you guys to comment on this, how crazy is it that America is complaining about the 80 years since World War II of the world order that we created. This is what we, we were the driving factors of disarmament of
Starting point is 00:34:55 these various places, of creating of these institutions. That was us. John, the last serious effort to buy Greenland was made in the 1940s by the people who made that global order. So the glitch in this, the glitch in this is that like at the moment they were creating that order, they had their eye on Greenland cause, you know, it is a, it is just, and in World War II, it had proved important real estate. And its position within Denmark and the Danish sovereignty is really ambiguous. It's the products of settler colonialism, right? So this is, this is not some, this is not, but we all are. Well, many of us, many of us, many of us more, some more than others, right? But, but, but, but, so we, you have to be, we have to be realistic about the logic of that
Starting point is 00:35:43 earlier epoch of power that is celebrated now in retrospect. Right. So am I making a mistake, Adam, by thinking about this through an idealistic prism? Is that the mistake we make when we try and are the formulations of our criticism? Should they not be moral and idealistic, but actually much more pragmatic? But is it also not true that part of the strengths of Trump came from the fact that for many people, around the world, disorder was disorder. And for example, his major point was, I'm against liberal hypocrisy. We are talking about democracy, but in many places it was not about democracy.
Starting point is 00:36:26 From this point of view, the legitimacy of Trump, paradoxically, comes from the fact that he's the nightmare for the conspiracy theorist. Because before America goes to Venezuela, talk about democracy, people suspect it's about oil. And then he comes and said, no, no, it's only about oil. He's about oil. You cannot be conspiracy theorist anymore unless you believe that he goes there for democracy and just talks about oil. And then Exxon shows up and says, we can't invest there. Exactly.
Starting point is 00:36:52 It's like, what? Yeah, but what he's not understanding is that hypocrisy, of course, was awful and many of the people hated it, but also hypocrisy is a constraint. Because I'm saying that I go for democracy, I should do certain things. And there's certain things that I will not do. And from this point of view, this is in my view changing dramatically because what Trump does not understand, he is every revolutionary leader does not respect borders, talking to the French judges, for sure. Other American diplomats have been talking probably to French judges during the Cold War II. But normally, you are telling to the people, do it because we're going to invite you on our party.
Starting point is 00:37:32 And his major story is, I'm doing just for the Americans. I don't care about any of you. And this is an interesting story. This is a major change. For the first time, you have a kind of a major radical way to change the order. And at the same time, he's not telling anybody else that they can benefit from this. A colleague of mine, an American colleague of mine, told me something that is right or wrong, but I believe that it resonated strongly with me.
Starting point is 00:37:59 He said, it's not by accident that the only business in which Trump really felt spectacularly was the casino business. because in the casino business in order to make money you at least should try to create the illusions that others are winning. And for him allowing others to win is psychological unacceptable. And what he didn't like about the liberal order
Starting point is 00:38:21 was that if America is so powerful why we're not getting the spoils. If we have taken the city, why basically we are not allowed to do in the city? But Yvonne, within that though, in what world can we argue that the last 80 years, America hasn't taken the spoils. We may not have it distributed very well throughout our population,
Starting point is 00:38:44 where we have tremendous inequality and lots of poverty. But who's done better in these last 80 years than we have? Listen, his answer is going to be in the last 30 years, the best did China. And then he said how it happened that after World War II, Japan, and Germany did so well. Because this is his idea of a zero. some game. For him that you're governing, not because you're doing well, but because your
Starting point is 00:39:11 enemies are doing badly. And this is interesting. He goes, and you're totally right. America benefited a lot, but not everybody. And he goes to these poor Americans and said, they're telling you that you're the hedgeron? And this American said, yes, you're right. We are not. I think Japan is crucial in this story. Yeah, Japan is crucial because this is how he was socialized. And this is actually. I mean, if we think of him biographically, that's the key moment. And that is not a moment which has, you know, say China's globalization or Mexico NAFTA, you'd say American capital benefited on a really gigantic scale from that. But not the workers. Japan is a more clear-cut case of a national industrial country that really did assert itself. Now, overall, it's probably welfare enhancing because the stuff they made was high quality and cheap. Wall Street in the end. does begin to make footholds in Tokyo.
Starting point is 00:40:06 But I think that experience of the 70s and 80s is very formative. And I think it just sort of reverbs around and he slots new countries into that space one after the other. And that talk at the time was very commonplace, right? That zero-sum vision. And there's an element, you know, the Germans and the Japanese did pursue within the fixed exchange rate system of Bretton Woods. strategies, which meant their currencies were undervalued.
Starting point is 00:40:35 And America, of course, in the early stages, in the 40s, 47, 48 Marshall Plan and so on, deliberately accepted that as the trade, right? They would be part of the American hegemonic bloc in the Cold War. And American consumers would benefit from the inflow of relatively affordable, high-quality goods. And American industry was- And we'd be the reserve currency, though, for all of it. It didn't need to worry.
Starting point is 00:40:59 It would out-compete. It would out-innovate. it would rise to the top, no stress. And through the early 70s, that bargain works pretty well on balance. Not, of course, for everyone in American society because racism and inequality, but nevertheless, standard of living go up so you don't see that divide opening. And it's really from the mid-70s that it breaks down. And at that point, I think, a kind of national mecanalism, Japan as the bad guy,
Starting point is 00:41:23 merges with a social resentment, which is driven by the real stagnation, indeed deterioration of the standard of living of the American working class. And you begin to get that hard-hack coalition, these labor, populist, nationalist, protectionist forces, gaining quite a lot of strength. And by the 90s, like Buchanan and people like this, can really begin to make a powerful case along these lines. But Buchanan was, as a national figure,
Starting point is 00:41:51 vilified for the nakedness of what he was talking about in terms of, you know, the blatant racism. that we're so beyond Buchanan at this point but I want to talk about you know you say well there were flaws in terms of globalization
Starting point is 00:42:07 and clearly maybe letting China into the WTO or allowing capital to travel so easily when labor couldn't and not figuring out a way to make that a more ameliorate the kind of downside of that for the American worker which I wholeheartedly agree with but reforms to that system
Starting point is 00:42:27 could have so strengthened it rather than destroying it because the system they appear to be going back to and this is really what I think people need to understand. The system we're going back to in terms of exploiting resources rather than even sharing the benefits them in a slightly, you know, less fair way, I don't think people understand how much it takes for an empire, what you have to expend. to exploit resources because those other countries want to be free to. Venezuela wants to be free to. All of them.
Starting point is 00:43:08 And the fact that we think, oh, we're the biggest. So we'll go in and we'll exploit Greenland and we'll exploit Venezuela. And that people's resentment doesn't have a cost to goods and services. Seems nuts. You know, you're touching because of an incredibly important, at least from my point of view. Paradoxically, Trump does not understand nationalism. So himself talks about this and that. And yet uses it very well.
Starting point is 00:43:37 Because he basically really cannot understand that the more you talk about Venezuelan oil, for the Venezuelans, this becomes the major issue. It became the magic things. The resource nationalism does not come from nowhere. And from this point of view, he's basically fueling the forces that are going to create a problem for the world that he wants to create. Because all these people, even Denmark, listen, this is absolutely amazing with Denmark. If you look at Denmark, Denmark should be one of the very few European countries that he likes. Paradoxically, there is a certain nostalgia in all this Trumpian movement.
Starting point is 00:44:15 And this is very much based on social cohesion, migration, whiteness. Paradoxically, Denmark is one of the countries that he should love most. This was a country which basically was quite effective in protecting their borders. Secondly, this is a country with a lot of social cohesion. This is a country that was a very important American allies. So, Phil Loding is not there. Basically, the soldiers have been dying in Afghanistan, and they have been dying out of solidarity with the United States, not because there was a problem for Denmark itself.
Starting point is 00:44:48 Boy, were they, they stood next to America, no question. But the problem is that in a certain way, when Trump talks about the world, he sees only America. And this is the problem with Europe. In a certain way, you go there and you basically see only the things that you know from the United States. So here are the Europeans and they're like the Democrats and they're like this and they're like that. So paradoxically, he does not have a much interest in other places, particularly when when it comes to the allies. And this is this strange kind of a combination of one level person with a strong imperial imagination
Starting point is 00:45:26 and on the other side, incredibly provincial. So even when he decides to remake the UN, what he's doing with the Peace Board, it's a golf club. You go with a billion. Billioning dollar entrance fee. Yeah, but it is a golf club. So it is an end of an institutionally, the golf club is the way he basically see the will-being crown.
Starting point is 00:45:47 Right. business. And he doesn't understand the economics, right? Yeah, yeah. Because if you were serious about Greenland's resources, anyone could have invested in Greenland, America has a great treaty, 51, the wartime treaty renewed. There's no, you know, those resources are not somehow lying fallow hidden behind a protective wall of, you know, Danish anti-American nationalism that prevents good American businesses from, no, none. It's just a, it's a weird, my personal favorite interpretation is it's the map of the game risk. You know, I mean, you know, it's, it's, you know, Venezuela and Greenland are very large on that map.
Starting point is 00:46:26 Can I tell you what I think it is, Adam? And I think he said it. I think what he's saying is, no, no, no, no, no. We don't want to rent it. We want to own it. You know how it is. If you rent a place, you can't even put pictures up and put holes in the wall. But if you own it, you get to do whatever you want.
Starting point is 00:46:41 And Yvonne, you touched on this earlier. You said that what Trump does is he finds a, a way that the world has always worked, and he is transparently explicit about it. But the thing that I think maybe we're missing a little bit is, it's not the only way that the world has ever worked. It isn't only mob threats and trying to coerce people. I don't think we're fully appreciating how difficult it is
Starting point is 00:47:14 to have something sustainable and prosperous through coercion only. And to Adam's point, we could have had all of it. And we did have more bases there. We let them go fallow. Adam has, is Europe, are they believing yet that this is a real, because I saw your panel and I saw the faces on the Europe. It was disbelief.
Starting point is 00:47:40 I think everybody keeps thinking, oh, no, they're going to pull out of this spiral. Or not. I mean, depending on what you saw earlier in the day, you saw the opposite logic. The common denominator is it's as though the Americans forced the Europeans to actually come up with a concerted investment strategy for Greenland, which they've never previously have and the Europeans are actually going to do, they're going to make the movie and he's made the trailer. I mean, well, they're going to make the sequel to the film that he never made and so they're going
Starting point is 00:48:15 to end up doing some sort of weird actual European program. I mean, Greenland, like, it's 56,000 people. It's a territory the size of both Alaska and California put together. It currently runs entirely on Danish public money. So 25% of its GDP, half its 50% to 60% of its public budget is coming from Copenhagen and Danish taxpayers. So, you know, if that's what America wants to take over, this is a substantial, you I mean, not huge by American standards, but nevertheless, this is a net negative in its current form.
Starting point is 00:48:51 And what the Europeans are going to do is their usual European thing. They'll do a regional policy and they'll find a few billions to transform this. And Ivan, you know, in Bulgaria knows the story only too well of how mixed the results of those kind of programs can be. They can be very real. But it depends critically on the politics in the place where the money is applied. So I'm kind of a chef type, chef type dude. Kind of a, you know, a lot of times people watch me at home and they'll be like, are you on the bear?
Starting point is 00:49:28 And I'll be like, well, I could see how you made that mistake. I like to throw down for a little bit of the mind. But, you know, for me, the one problem I have is, you know, the olive oil, how much to use is it the proper olive oil? I used to have an olive oil fountain in the house, like a chocolate fountain. But it was sloppy. A lot of slippage.
Starting point is 00:49:49 But graza, extra virgin olive oil, always fresh. They pick, press, bottle all their olives in the same season. You know me. I used to bottle them. It must have been 10, 20 years. Same olives. You pick between their two blends. You got sizzle, you got drizzle.
Starting point is 00:50:06 Available in glass bottles or cool squeeze bottles. For everyday cooking, that'd be your sizzle. You're roasting, your sauteing. You drizzle, you dip of bread. You drizzle over ice cream. That's right. People do that. They also put salt on it.
Starting point is 00:50:19 Look, I'm very sophisticated. The bottles and refill cans are 100% opaque to block UV rays that degrade the oil and it keeps it fresh. So head to graza.co and use TWS to get 10% off and get to cook in your next chef quality meal. Trump views, though, the EU
Starting point is 00:50:42 as being having been created to hurt the United States. I mean, he already views it in a kind of very aggressive. I don't think he views it as allied with the United States in that way. No, but also in a certain way, he view as hostile everything that he does not understand. No, but that's true. And to be honest, I have a sympathy with him.
Starting point is 00:51:08 European Union is not easy to understand. And in a certain way, in the European Union, what is totally absent is the possibility to have a politics based on a personal relationship. because having a personal relationship with whom. And as a result of it, for him, everything that's coming is just bureaucracy constraints, everything that he hates about America he sees there. But also what is interesting in the case of Greenland is that Denmark is basically what's telling him before. We're going to give you what he wants. And his message is, no, no, no, I don't want you to give to me.
Starting point is 00:51:41 I want to take it from you. Right. And this is the story where Europeans. understand that it cannot work like this. Because paradoxically, he is the society response also. What he does not understand is the pride of others. Danish people are proud people. By the way, if he was playing a different way, there was a very good article in foreign affairs
Starting point is 00:52:07 by a former American diplomat, how he can take Greenland, but he can do it in four or five years with investments and doing this and that. And basically, talking to the Greenland population and Greenland elite. But for him, it doesn't matter. For him, it should come fast. It should come for July 4s. It should be used for the midterm elections. So in a certain way, this is the symbolism of this.
Starting point is 00:52:33 And this is where I'm afraid he's playing symbolic games. Europeans does not know how to play symbolic games because this is not where we are from. But he's totally underestimating the capacity of Europe not to cooperate. Adam, has he made Adam this politically impossible then for Europe to acquiesce to some kind of deal going along with what Yvonne is saying that, so let's say there is a deal to be made. Is it now too politically damaging to people who are already weak? I mean, the leaders of that sort of Western European flow are much weaker, you know, than that? some of their right-leaning counterparts. I mean, I just, I'd love to think that I just really need to check my biases on this.
Starting point is 00:53:25 Like, one shouldn't underestimate the capacity of the Europeans to fail. We have a talent for this, I should agree very much. We've a real, like, it's spectacular. So you think this actually is going to work, that Trump is going to get it? Think Democrats. We know it. Like, think Schumer. Think Democratic leadership.
Starting point is 00:53:47 every bit as bad as that. Oh, dear Lord. Plus, more division. It's not a done deal, but I love the basic logic. One of the things that's really shocked me is as a kind of, you know, action, reaction kind of logic is the promotion of Ursula Bunderlayer. In the first term, Ivan's totally right. They had no idea who she was.
Starting point is 00:54:08 Like, they just couldn't process the fact that Europe has this complex polity. Right, right. This time around, Lutnik on stage literally said, you know this way, the way this goes. we bully, you agree to be bullied, then he literally said, Oslo Vondelaine and Donald Trump get together and do a deal. And it was like, what has happened here? This is so strange. And the Biden people, of course, prepared this because they really deliberately promoted Brussels and the commission and von der Leyen into the telephone number that you call in Europe. There's no question now. You call the ECB and you call Brussels. This is where you call. There's no ambiguity
Starting point is 00:54:44 about it, really. The Germans and the French you need to talk to too, but increasingly the trend has gone towards that centralization. Then what is ultimately then, what is the point of any of this? And does Donald Trump believe actually we will have a better world for America without the EU and without NATO? Because if this goes through, I don't understand how the EU is still any way considered a credible organization protecting the sovereignty of its member states. If you do this, what is the point of being there? But this is a very interesting question, because I do believe that there are people around him who still believe that the very important is to try to get Russia, to decouple from China, to make a deal. And they're thinking, is if there is not the European Union
Starting point is 00:55:37 and if there is no NATO, why Russia should not be America's best friend? And all these people negotiate and they see this and that. And don't forget, most of these people, they don't come from diplomacy and they don't come from security. They come from trade. And this why for them is very difficult to understand somebody like Putin, who is totally kind of immersed in history and pride and story and economic argument is not the most important. And I don't believe this is the real issue.
Starting point is 00:56:07 The people around him, I don't believe that he's, I don't know, is Trump himself in this. They believe that European Union is bad because it is big, that if you have 27 small countries, you're going to do much easier with them, that for America is going to be easier to do it. By the way, not understanding that if this is going to happen, America should try to manage a space which is going to be so both economically security and politically, tencious, that it's really going to be an issue, particularly for this administration that does not want American money to be spent outside. It's going to be a nightmare.
Starting point is 00:56:44 I do believe that somebody should try to show President Trump films about the disintegration of the Soviet Union and so on. Disintegrations is not a funny game. It's not a funny game. But of course, there is also this other wink of the Republican Party. And I do believe this is why people like Macron and van der Leyen and, of course, merits, they understand that when it comes to Greenland, they are not facing America. They are not even facing the Republican Party.
Starting point is 00:57:14 They are facing Trump and small group around him. They do believe that even in this administration, there are people for whom NATO is a value and losing NATO is against American national interest. So this is why they are going to be in mind much more assertive than in other situations. Yvonne, if you're impressed by how Europe can capitulate to Trump, let me introduce you to the Republican Party.
Starting point is 00:57:38 Yeah, yeah. Because if you ever want to see somebody supplement to their dear leader. And isn't it, though, in talking about that, Adam, I'm curious what you think about this. If the idea, like, so let's say there is an endgame here that they view it as, if I can get Russia to decouple from China, that's better for me than if the EU is strong and productive. I mean, if the United States has to defend Greenland alone, somehow that's better than defending it with 30, two other countries, but okay, that's fine. How naive is it to think that Russia would ever decouple from China in an honest and real way and somehow align itself as a great friend of the United States? And why would we want that anyway? No, I mean, I think there is a real, I mean,
Starting point is 00:58:32 I love Ivan's like mapping of this is, is delirious, it is fascinating. But I mean, don't we have to talk about the Norway letter. I mean, and the silence about the Norway letter. I mean, this is like... When he says a Norway letter, he's referring to Trump wrote Norway and said, I don't even care about your Nobel Peace Prize, but since you didn't give it to me, I'm now don't have to be a man of peace. And actually goes further. He says, now I don't have to care about universal peace. Now I can care just about America. He actually, this goes to this weird relationship internationally. He literally says, now I can be America first, right? Because previously I was doing the peace thing and because you, and I mean, it's so ludicrous. And the overwhelming
Starting point is 00:59:19 what we've seen here at Davos is that people just are tight-lipped, a shut down about the evident fact that this man to whom they swear a kind of personal loyalty and fealty is is childlike, is, truly it's childlike and basically crazy. And I agree with Ivan, there may be strategic groups that want to use this for the purpose of the kind of grand rearrangement that you're talking about. But, but I think we have to, we have to, we have to allow for the fact that there is just this emptiness and madness at the heart of the whole thing. Oh, dear Lord. It's literally greenland is just another fucking ballroom. It's a toy.
Starting point is 01:00:04 It's just another ballroom. It's a big, big, big ballroom that he gets to decorate. But do you know what is interesting, you know this? That part of kind of the pressure coming from this politics is that you cannot distinguish between important and important. No, you can't. And this is very typical, by the way, for the monarchical politics because important is what matters for the guy.
Starting point is 01:00:27 And from this point of view, being strategic, particularly if you're working with the guy, is the biggest mistake that you can do. Be sure that you know what he cares about. When he said that basically he wants to buy Greenland, I was trying to say this is also a risky strategy because probably the sovereign fund of Norway can come with a higher price. And don't forget. We have a little debt. Hey, listen, there's no reason to get personal, Yvonne.
Starting point is 01:00:52 We have a little debt. I'm telling you, next month is going to be a big month. month, and we are on our way back. Oh, yeah. That could not have been clear about this. Best credit in the world. Best. On the substance, though, of your question, you're John about, like, Russia and China,
Starting point is 01:01:09 I mean, this would be, you know, for Putin currently, the greatest disaster in recent history is the collapse of the Soviet Union, right? He's spoken about this very eloquently. And I think actually Xi Jinping agrees. This is one thing that Putin and Xi Jinping agree on is that the collapse of the Soviet Union between 89 and 91. I thought, this is the center of all of their thinking. And for the Chinese, of course, 89 means not just South Africa and the Berlin Wall, but Tiananmen Square.
Starting point is 01:01:37 But would a disintegration of Europe lead Russia away from China? It would certainly make Russia less dependent on China, and it would open up an incredibly wide field of influence in Europe. But I don't think there's any reason to think. It would like squarely, why would they? They've just won. Why would they give something up? And if energy is the hard core of the Russian regime, both oil, which is globally fungible
Starting point is 01:02:04 and gas, which has to be piped in the main for efficiency, China's the decisive variable in your demand equation, right? India is not going to be a China. China is the be-all and end-all. They've been desperately trying to get a big pipeline deal with the Chinese done. and they've somehow maybe got there, they are not going to back away from that. So I think the idea that you break Europe so as to win, I mean, it has an amazing logic, but I don't think it would work.
Starting point is 01:02:35 Right. My modest suggestion is I think it probably might not work out like that. And also Adam is making a point, which is very important, because between Putin and she, both of them are obsessed with a long history. You remember famous, she's saying, we see a change, which is, Are you really going to bet on Trump if you want to build the relations with the United States? And this is the interesting story with the Russians. From our point of view, they are over-excited about Trump.
Starting point is 01:03:02 But on the other side, the Russians are very much afraid that they can make a deal that is not going to survive for a long time. And this is why on one level he cannot make a deal, but on the other, others don't believe that they can make a deal with him. Because they still don't know what is a post-Trump America. We know that post-Trump America is not pre-Trump America. I don't believe that anybody has doubts on this, but how exactly it's going to look like? What kind of a general strategic vision is going to have? What kind of political values is going to share? So from this point of paradoxically, what we are seeing everywhere is kind of identity politics, but on a global level, everybody is asking themselves who we are.
Starting point is 01:03:42 And this is for America, this is for Russia. Look, we're living in a world where they're telling us we have to, attack Greenland if we have to, to protect it from it falling into the hands of the Russians. Okay, what about Ukraine? Yeah, no, that, no, we're going to give that. Plus, why is it strategic territory because of climate change, which isn't happening? Right. You know, because that, it's not.
Starting point is 01:04:06 I mean, the cognitive dissonance that it takes to be one of his ardent supporters, and then they all just look at you like, hey, this is the guy who wrote the art of the deal. And you're like, no, he didn't. some other fucking guy wrote it and he put his name on it like basically what he does with all of his projects and and all he's done as far as i can see is turned us into a less free less democratic more kleptocratic uh disunion on on any of these things and i begin to wonder and this is really it gets down to the crucial question is there a free world and who's going to lead it.
Starting point is 01:04:54 Take your time. I mean, am I wrong there, Adam? Is that too cynical? Hey, John, we're making this show. If you want to answer that question, try making this show in mainland China. Okay, all right. Try making a show like this in Russia.
Starting point is 01:05:14 Yeah. At the limit, clearly, there are huge differences in the world, and they're still extremely meaningful. and absolutely worth fighting for, and we still, at this very moment, are the beneficiaries and the game is not done, and midterms are coming up, and these people are wrong about so many of their hypotheses. But, Adam, being able to make this show, but we're also okay with them taking over a sovereign country that doesn't want to be taken over? Like, oh, no, no, no, no, I mean,
Starting point is 01:05:41 you know what I'm saying. Is there, is there a, is there a pure, clearly defined, do we still know what freedom is? All of that, like, I agree, is kind of out that. We're not. I agree is kind of out the window, but, I mean, really would be, it would be, it would be self, it would be self-indulgent to deny the huge differences, which are still very real. It's conceivable a time might come where those differences get erased, but we are not there, and there's everything to play for, and presumably all of us engaged in this conversation thing. That's why we need to talk.
Starting point is 01:06:12 We need to publicly. That's exactly right. We need to make people laugh. We need to make people think. We need to engage with these questions because this is so not done. And in my view, this is also where the part of the big problem with the current administration is. Because we talk as if in the world there is a major kind of a rise of authoritarianism and so on. I don't see it like this.
Starting point is 01:06:33 I don't believe the real problem is that the border between democracy and authoritarianism is the least protected border in the world. Bars. Hold on, Yvonne. You can't just drop that. You can't just drop that in the middle of a podcast and expect me not to stand up and applaud. Say that again. No, no, I'm not going to say it again because probably this time it's not going to be so spectacular. You know, the repetition is always a problem.
Starting point is 01:06:58 The border between is the least defended. The border between totalitarianism and democracy is the least defended border in the world. Because one of the interesting story about the Cold War was that because of the nature of the Cold War, the America has to basically redefine itself as the free world, very hypocritically here and there. But without the Soviet Union, of course, American JAS was not going to be as important for America, because JAS was important because it was forbidden in the Soviet Union. And secondly, because basically the Soviets believed that future belongs to them, America should become also very much future-oriented.
Starting point is 01:07:36 And I'm saying this because I also believe one of the reasons the Cold War never became hot was that both sides believed that future was on their side. This is why they believe that better to fight tomorrow, when they are going to be stronger, what makes me really nervous about the world in which we are living is that you have basically people who fear the future. They fear for demographic reasons, for technological reasons, all the time somebody is going to replace us. And when you fear the future, you believe that if they are going to be a fight, better fight today. Because tomorrow we're going to be weaker. And this explains this kind of a strange combination of, on one level, this kind of a trailer is about America.
Starting point is 01:08:18 power, which was real. Listen, what happened in Venezuela was the operation that took the Russians four years and they cannot finish it. Americans did it for four hours. But on the other side, there is no future perspective. And this is why people are becoming so anxious. And this is why you cannot project your life. And I don't believe this deficit of future is a huge problem for democracy, because future and certain type of future is one of the invisible institutions for democracy. If you don't believe in future, democracy cannot function
Starting point is 01:08:52 because democracy is also the art of postponing of timing certain things in the future. And of persuasion, because persuasion is the coin of the realm when it comes to that. Adam twos, you are in Davos. You are perhaps no one standing closer to the border between democracy and totalitarianism than you right now
Starting point is 01:09:11 is the fear here while you're there, because all the leaders of that so-called democratic world are probably walking around right now in Davos, is there a will to defend that border as forcefully as perhaps it needs to be defended? I mean, we went back and forth on this a minute ago. It's worth saying there's one really depressing thing going on, which is that people are leaving before Trump gets here, which is another way of responding to this border, which is to say, no, I don't have to sit on the edge of this. I don't want to be part of the spectacle.
Starting point is 01:09:51 I don't want to be dragged into this. I'm just going to, I don't have to be here. And that is a kind of withdrawal. It's very ambiguous, right, because it doesn't necessarily dispose. The Europeans are going to meet on Thursday. There's everything to play for. One of the things that's happening is that kind of stepping away. And people are making choices literally today because we know what kind of security is going to happen and it's going to be mad.
Starting point is 01:10:20 And there's one faction which is leaving and there's another faction which basically didn't get locked into the conference center tomorrow and live with all of the insane American security. Because the physical other leaders come and go in Davos and there's a bad bubble around them. Ivan will know this well. But like, they don't change the whole thing. The Americans tomorrow are going to put their boot print on the entire show. And you can either choose to not be there for it or I'm not. This is no kind of heroics. Like, it's just literally who's going to be part of the Trump sleepover and who not.
Starting point is 01:10:55 And some of us are going to stay for the authoritarian sleepover show that is going to come descend on this place tomorrow. Adam, do you think the buffet is going to get better with the Americans in town? Or do you think it's still going to be wanting? No, the Chinese, I think, are doing the buffet tomorrow evening. And that is the buffet, I'm afraid. As you would imagine, that is the buffet that you want to be at. Gentlemen, I can't think of a better note to end on than the fact that the Chinese right now, in the world as it stands, provide the best buffet. And I think America is going to need.
Starting point is 01:11:31 I only hope that Europeans are not going to do the dishes again. That's the problem. Trump sees no peers at Davos. He sees only Putin and Xi as his peers. They are the only ones everyone else is working in the kitchen. Help. Gentlemen, thank you so much. What an interesting conversation.
Starting point is 01:11:54 It's going to be really wild to see how this is going to turn over the next week. Adam 2's author of Chartbook Substack. Yvon Krassev, Chairman Center for Liberal Strategies, I really appreciate you guys joining us and giving us those insights. Thank you. Folks, you may have heard other times during this podcast, other certain brands and such. I talk about how much I like to cook, how much I love to create fabulous meals and entertain. I'm going to be honest with you.
Starting point is 01:12:30 That's not always the truth. Truth is, I don't have time to cook. I used to do it, but it was like a short order thing. Like if you wanted eggs over easy, I could do that. Other than that, pretty useless. That's why Factor is the deal. Factor makes life easy. Factor, they'll send you fully prepared meals.
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Starting point is 01:13:39 Factor customers with code and qualifying auto-renewing subscription purchase. Make healthier eating easy with factor. Man, those guys, you know, it really was. They're interesting. Yvonne was suggesting that, oh, no, there may be a method to this madness. And I think Adam, probably a long more like what I was thinking, he's like, strategically, we can pull Russia. And I think Adam are like, nah, I think he just might be fucking that guy.
Starting point is 01:14:09 I think he's just that guy. I think he just wants this shit and he wants to put his name on it. And it's never good when the method is white supremacy. I like though, he's like, there are some fears that people have about obviously birth rates and demographic. What could have given you that impression?
Starting point is 01:14:29 Did either of you watch the panel that Adam hosted at Davos? Yes. Yeah, I wasn't able to watch the whole thing, but man, he's got to have ice running through his veins. Right. Like, it was. He's just like with Lusseld. Like, what are you doing?
Starting point is 01:14:42 What's Greenland about? What's wrong with you people? The silence after Lettnik's answer of just everybody up there. Adam's like, I think we need to talk about Greenland, Lutnik. No, we don't. We don't. What's what I mean? Greenland, why would you even bring that up?
Starting point is 01:14:57 How random. Seems irrelevant. Huh? I love, though, that during the panel, like you watch the various people on the panel, like almost like they were watching a TV show too where it's like the highs and lows and the suspense and they're all. like locked in and then they and then you know all that was missing was the popcorn truly yes it's so rare when you see a panel that's actually going to break news you're like oh shit well it's gonna
Starting point is 01:15:21 i mean when trump shows up and by the way for those of you who haven't seen the macron uh it's bananas like he's got on like aviators he looks like a social chairman at like a fraternity and he's just up there like, all right, man, we're just going to, here's the thing, we're going on fucking Theta Kai. They're going down. Fuck those guys. Senior artist at its finest. Come on. Capa rules. Capa forever, baby. Yeah, like, it was, I couldn't figure out, like, what kind of shit they give somebody to battle jet lag. And then I'm like, oh, wait, he doesn't have jet lag. He came in from France. An hour, yeah. Yeah. Apparently, he's just high.
Starting point is 01:16:07 I mean, it's hard not to think something's going on behind. You know, most people don't wear the glasses inside unless you're like fucking yay or something like that. Like that it's, you know, it doesn't make a whole lot of sense. I mean, who could blame him for doing some drugs right now? You know, it's like. Oh, you're not kidding. Well, the real news is going to be obviously Wednesday when Trump shows up there and the circus is in town. And, you know, and right now everybody is still on the American side going.
Starting point is 01:16:37 You know Trump. This is what he does. You know, he goes out there with a big asking. Like, right, but his big ask is, or the thing that he's saying is, I'm going to take over an allied country militarily. Like, that's different than staking out a broadly winning position. Like, that's the antithesis of everything. You know him. He just, he just loves to weave a yarn. Yeah. He's going to start. He's going to throw the invasion out there. But, you know, he'll set her for. 10% raw earth materials. Yeah, I saw Tillis, who'd actually been critical of him, was saying, I think earlier today, he was like, to be clear, I'm not criticizing the president. I'm criticizing the people that are giving in this advice on Greenland. Fuck Tillis. Fuck all those guys. We don't even have a Congress. Congress is now a vestigial tail. It is a neutered cat sitting on a windowsill, watching the world go by. They are useless.
Starting point is 01:17:35 And I know that as soon as a Democrat gets in office again, they will rear their powerful heads again. But right now, they are embarrassing themselves on a world stage. Truly. Preach. Fuck them. Fuck. Did you see the Danish MP?
Starting point is 01:17:51 Danish MP goes, I will say this in a language Donald Trump understands. Fuck off. And I was like, dude, he nailed it. He pronounced that complete. And then he said it again in Danish. So now I know how to say fuck off in Danish. Well, everyone loves to learn curse words in foreign languages, you know.
Starting point is 01:18:11 It's the first thing we all learn when we take Spanish. Who shows that to Trump? Like, you might want to see this. I imagine doing that to the Danes. And by the way, the Danes, every time I used to host this thing called the Warrior Games. It was always like, it's like Invictus, but obviously for, you know, more like U.S. There's always the U.S. So like Marines, Navy, Air Force, Special.
Starting point is 01:18:32 forces, army, and then like Canada had a contingent there, Australia had a contingent there, and then the only other contingent that was consistently there, wounded warriors hurt in Iraq and Afghanistan, Denmark. It was the one country that was there every time I hosted and I hosted it maybe seven times. Every single time, Danish men and women who had suffered grievous battlefield injuries defending the interests of the United States of America. And now we're like, yeah, fuck those guys. We're going to take Greenland. Yeah, because they joined us when we invoked Article 5, and now we're going to go Article 5 against them. You know, it's, you love to see it. Yeah. All right. What do we got, Brady?
Starting point is 01:19:12 Anybody want to know anything? Yes. First up, John, be honest with us. We're fucked, right? There's really nothing we can do to stop the damage Trump is doing. Nope. Disagree. Disagree. Disagree. Hard pass. on that. No. This, you, you, what? No, I'm not saying he's not going to do grievous damage, but isn't that what you do after a devastating storm? You rebuild. You put in the work and you make some changes to the grid and you say like, you know what, maybe we shouldn't bury all the electrical wires underground near the salt water. Now we're going to put him somewhere else where they can be, you know, we'll make changes, we'll do things that will, now, that is
Starting point is 01:20:00 not to say that that's happening a week from now. And it could be catastrophically like, but we forget through the arc of history where it's like, you know, after the Civil War, they had what? Reconstruction. Now, it didn't last as long as it could have because they decided to appease the South.
Starting point is 01:20:18 And so Reconstruction went the way and Jim Crow soon settled in. So even the rebuild doesn't necessarily always go the way you wanted to go. But fuck, man, no. We can't, no. That attitude, no. Hard pass. No. 100% disagree like the guy says on the subway who I love. That guy's, I love that guy. I love that guy. Kareem. Yeah, shout up to Kareem. No, fuck that. Anything that he does can be redone and done better. So the lesson here is patience. This two shall pass. No, not patience, but like it's going to take, yeah.
Starting point is 01:20:57 And the harder we work now, the faster this will be over. That's all. Now I just got tired. From your list to cause yours, man. Yeah, I hear you. It's a fucking, it's a tough time. What else we got? What else we got?
Starting point is 01:21:13 John, do you think Sean Hannity and Jesse Waters defend Trump out of genuine belief, or is it more about personal financial gain? I think sometimes one blends into the other. I think when you wear a mask long enough, you start to believe you're that character and you do start seeing everything through that filter. It's one of the interesting things about like actors that are method. Like you play a role long enough and it's kind of hard.
Starting point is 01:21:42 Like, am I Frazier or am I Kelsey Grimberg? Like I lost in Butler just kept that accent for like two years after Elvis. Jillian, that's perfect. That's the perfect analogy. You know. So Hannity's like kind of a normal radio host. He's like, I'm on the right. Holmes is on the left.
Starting point is 01:22:00 And now he's just like, look at me. I'm 60 and I take martial arts and defend whatever Trump says. Like, you know, it all falls apart. What else? Last one. Last one. John, I aspire to be a comedian, but I'm really anxious and overthink. How do I become confident?
Starting point is 01:22:17 Oh, that's never going to work for comedy. Never the two shall meet. We're underwry. Come into comedy and learn a healthier way of living. Wait, this person is, say it again, they're neurotic. Anxious and overthink. And they want to know how they become confident. You don't.
Starting point is 01:22:38 You use, that's your superpower. You're anxious and you overthink. I can't think of a better starting block for becoming a comedian. That's like somebody saying like, you know, I'm six foot 11 and have, An unbelievable vertical leap. I'm thinking of becoming a basketball player, but what can I do to change to enable that? Like, you're anxious and you overthink. All you need to do is you start writing some of that shit down.
Starting point is 01:23:12 Translate it. No, I look forward to watching your specials. That's what I say. Oh, that's very sweet. That's very sweet. How do these people get all of us on these socials? What do they do they do? What do they do?
Starting point is 01:23:25 Twitter, we are weekly show pod. Instagram threads, TikTok, Blue Sky. We are weekly show podcast. You can like, subscribe. Again, you can subscribe. And comment on our YouTube channel, The Weekly Show with John Stewart. And a special shout out to Instagram's newest user,
Starting point is 01:23:42 the official Instagram of John Stewart at John Stewart. Yeah, yeah, yeah. I joined Instagram. It's been lovely. I think third day in, I just took it to, I just took a picture of my dog's poop. That was a little bit of a jump scare, I'll be honest. No, I just want to give people a sense of what's coming.
Starting point is 01:24:02 I can't even tell you how much preferable it is to Twitter. Like, every time I went on Twitter, I was just like, it's like you had walked into a room of sociopaths. And like they were all waiting for you. Yes. And this has been like, there's pictures, it's pleasant. You get like funny reels. Like, so far nobody's like been vicious or any of the like, what? I was like, what is happening?
Starting point is 01:24:34 This is actually pleasant. Good. So I've enjoyed it so far. Yeah. You're crushing it. I don't know if you saw, but all of your famous followers are falling online. We've got, you've got Timberlake coming in. You have Mom Donnie followed you.
Starting point is 01:24:50 Yeah, Justin Timberlick. He's looking at your dog shit right now. You know what? No, don't, you know what? I don't want to know because I don't want to get self-conscious. Like now I'm in it now like before I post dog shit, I'll be like, but the mayor of New York. Believe me, the mayor of New York sees a lot of dog shit.
Starting point is 01:25:10 You know what? But that might be a thing where I'm like, this is his day off. Do I need, do I need on his day off to show him what he's walking to work in every day? Fantastic. Well, as always, guys, thank you so much. Great job. Our team couldn't do it without him. Lead producer Lauren Walker, producer Brittany Mehmedevick, producer, Jillian Spear, video editor and engineer and engineer and Nicole Boyce executive producers. Chris McShane, Katie Gray. We will see you guys next week from Greenland. Bye. The weekly show with John Stewart is a Comedy Central podcast. It's produced by Paramount Audio and Bus Boy Productions. Hey, Ontario, come on down to BentMGM Casino and see what our newest exclusive the Price's Right Fortune Pick has to offer. Don't miss out. Play exciting casino games based on the iconic game show, only at BetMGM.
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