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Sarah Paine

๐Ÿ‘ค Speaker
8864 total appearances

Appearances Over Time

Podcast Appearances

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

And we're going to raise tariffs and things.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

And all we do is tank the global system.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

Whereas if you're the lender of last resort, you're going to put money into the system as it's collapsing to prevent it from collapsing so that it can rebound.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

And that's why it's important to do that.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

And yeah, it's expensive.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

But boy, Great Depression is a lot more expensive.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

So there are different problems.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

Isn't that the problem?

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

Well, that's what the IMF and things are about.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

But it used to be that this country was willing to take on these burdens of last resort in the area of nuclear weapons, nuclear shield, right?

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

And we're trying to shed these things right now.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

And we shall see.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

Well, at bare minimum, it'll make us the sort of the irrelevant power instead of the essential power because Europe is going to

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

reorganize itself.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

And they have the institutions to do it.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

And the United States used to be the leader of the West.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

Well, it's going back home to Europe.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

Europe's going to lead the West.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

They invented it.

Dwarkesh Podcast
Sarah Paine: How Imperial Japan Defeated Tsarist Russia & Qing China

And they have an extensive set of institutions to do this.