Kai Risdahl

And setting aside for a second the fact that hubris is basically American government policy now in virtually all areas, what do you mean by that?

And setting aside for a second the fact that hubris is basically American government policy now in virtually all areas, what do you mean by that?

Step back for a minute then and talk to me about America's place in this global economy, because it certainly seems self-evident.

Step back for a minute then and talk to me about America's place in this global economy, because it certainly seems self-evident.

And there are those who will disagree when they hear this.

And there are those who will disagree when they hear this.

But America's place in the global economy has been intentionally lessened by the Trump administration through its policies, tariffs specifically, but also.

But America's place in the global economy has been intentionally lessened by the Trump administration through its policies, tariffs specifically, but also.

at least incidentally, by this war and how it's been conducted and what it has done to the global economy.

at least incidentally, by this war and how it's been conducted and what it has done to the global economy.

So what are we looking at now in a global economy where the American position is lessened at best?

So what are we looking at now in a global economy where the American position is lessened at best?

How long is the runway, sir?

How long is the runway, sir?

And look, I asked, sorry, I asked this not to be a downer, but it took us winning a world war, helping to win, and 80 years of crafting policies that greatly favored the United States.

And look, I asked, sorry, I asked this not to be a downer, but it took us winning a world war, helping to win, and 80 years of crafting policies that greatly favored the United States.

And now we have here in the space of, as you just pointed out, something less than 20 years started to tear it all apart.

And now we have here in the space of, as you just pointed out, something less than 20 years started to tear it all apart.

Mohamed El-Erian is a professor at the Wharton School at the University of Pennsylvania.

Mohamed El-Erian is a professor at the Wharton School at the University of Pennsylvania.