Adam Tooze

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 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.

And some of us are going to stay for the authoritarian sleepover show that is going to come descend on this place tomorrow.

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.

I mean, you might think that, and that would in a sense be a continuity with the Biden team as well, because they were talking in rather similar terms. I mean, Jake Sullivan had that famous speech where he talked about, you know, new Washington consensus, post-neoliberalism was all the rage.

I mean, you might think that, and that would in a sense be a continuity with the Biden team as well, because they were talking in rather similar terms. I mean, Jake Sullivan had that famous speech where he talked about, you know, new Washington consensus, post-neoliberalism was all the rage.

Chips and IRA and that. And that's the question is like, where's the beef? And if they go on talking like this and it's quite difficult to actually put your finger on what they're doing and whether it could possibly be for real, you start wondering whether it isn't more like a facelift. It's more that Mar-a-Lago aesthetic where we all pretend to be 25. And no judgment, like that's fine.

Chips and IRA and that. And that's the question is like, where's the beef? And if they go on talking like this and it's quite difficult to actually put your finger on what they're doing and whether it could possibly be for real, you start wondering whether it isn't more like a facelift. It's more that Mar-a-Lago aesthetic where we all pretend to be 25. And no judgment, like that's fine.

You go do your thing, but we aren't actually 25. And there's a way in which something like that is clearly true about the economy. I mean, the economy, there's never literally ever in history been a case of a society as successful as the US and as rich as the US that has somehow reversed the structure of the relationship between the key bits, right? The service sector, the industrial sector.

You go do your thing, but we aren't actually 25. And there's a way in which something like that is clearly true about the economy. I mean, the economy, there's never literally ever in history been a case of a society as successful as the US and as rich as the US that has somehow reversed the structure of the relationship between the key bits, right? The service sector, the industrial sector.

And once upon a time, it would have been farming and agriculture, which I know you're into in New Jersey.

And once upon a time, it would have been farming and agriculture, which I know you're into in New Jersey.

You can't reverse, certainly nothing in history to date has suggested you can do that. And the US industrial and manufacturing sector right now isn't the platform from which you would expect a kind of reconquest or a transformation of all of American society.

You can't reverse, certainly nothing in history to date has suggested you can do that. And the US industrial and manufacturing sector right now isn't the platform from which you would expect a kind of reconquest or a transformation of all of American society.