Rahm Emanuel

And because their economy is...

Imbalanced, massive overhang of public debt, massive overhang of housing, deflation.

The President Xi has decided they're going to export their way out of this, and they're destroying even to not just us but other allies of theirs, not us, industrial base.

They're exporting their problems onto the world economy, which is why Europe is trying to protect itself, as an example, Chile.

The reason the EU has an anti-coercion plank in their economic toolbox, which they refer to as the bazooka, it was designed to protect Europe post-Lithuania getting attacked by China.

It's being only deployed or talked about in defense of the United States, but it was originally conceived of because of China.

When Lithuania did something with Taiwan and China did a three-year economic coercion, they came up with this tool, an attack on one.

Economically, you could use an anti-coercion tool, et cetera.

Now they're talking about – and the only time they would ever think of deploying it, not to say they're going to, was because of the United States.

And mainly because of what the United States is doing, threatening tariffs –

on EU countries, mainly EU as a whole, because of the way we're approaching Greenland.

And I don't think Carney's take is totally wrong.

I'm not sure it's totally right because of the size of the economies, but the order in which we have been a beneficiary

is now fundamentally broken and cannot be repaired, so it has to be thought anew.

You expanded the point.

I thought he said only economic.

Now I'm hearing also political.

So let me say that the United States, while maybe never totally lived up to its idealistic claims, it was more consistent with it.

even when it did things in violation of that.

I think him saying is, okay, the game is off.