Niall Ferguson

That's geopolitics.

Nightmare scenario, the great Eurasian authoritarian regimes dominate the whole Eurasian landmass, and you all just left.

in the United States with the Western Hemisphere.

That would not be a good outcome.

It wouldn't have been a good outcome if Hitler had won World War II, which is why, of course, the United States ended up fighting Germany.

So I think you can't change that.

You can act in a way that makes the probability of China plus Russia plus Iran plus North Korea winning...

or you can work to stop them winning.

And I think the Trump administration is doing a better job of stopping them winning than its predecessor did.

The Biden administration was really quite unsuccessful in checking the formation of this axis.

Indeed, I would say that the axis didn't really exist in 2020, but it was fully in existence by the end of Joe Biden's term.

So whatever we hear when President Trump is riffing as he was earlier today,

or whatever we read in his Truth Social account, which shouldn't really be called that, it should be called Truthy Social, because it's kind of truthy in the way Stephen Colbert used to talk about truthiness.

It's truthy social.

About half of what he says, he kind of means, and about half, he's just shooting the shit.

If we shouldn't get too fixated on what Trump says, we should be much, much more focused on what the United States does.

And what it does seems to me a pretty strong advertisement for American allies staying with America and not contemplating the possibility of joining those lovable guys, Xi Jinping, Vladimir Putin, Supreme Leader Khamenei, Kim Jong-un.

I mean, is that the club we want to be associated with?

Not me.

We'll be right back.