Niall Ferguson

Bush gave it currency.

Mm-hmm.

What we're seeing is actually a familiar old world order of Cold War.

We are in Cold War II.

China has taken the place that the Soviet Union used to occupy, and that's the dominant strategic reality.

And I don't think everybody here at Davos fully understands that even yet.

And so there's a tendency here to misread Trump.

They've been doing that for a decade.

But I think also to misread the world and to think it's all about them.

But it really isn't all about them.

It's not about Europe, except insofar as Europe can't seem to help Ukraine effectively without the United States.

And it's certainly not all about Denmark and Greenland.

I think that is a very conscious distraction that President Trump has chosen.

And there's an air, I think, of

of almost like-heartedness.

When you talk to members of the US delegation here, they know that they're driving the Europeans nuts.

And they're quite enjoying it because they're the first American administration in my lifetime that has said out loud what many others have felt and said privately about the Europeans.

They're impossible.

They're entitled.

They're always striking moral attitudes.