Susan Glasser

And the one element that we should add to Eric's already very daunting and distressing list of ways in which the co-mingling of Trump's personal business and America's foreign policy interests create a crisis is, of course, Donald Trump's single-handed upending of the world economy.

by imposing quote-unquote reciprocal tariffs that aren't reciprocal on essentially all of the world's major economies. And in particular, targeting America's allies as much, if not more so, than most of her adversaries.

by imposing quote-unquote reciprocal tariffs that aren't reciprocal on essentially all of the world's major economies. And in particular, targeting America's allies as much, if not more so, than most of her adversaries.

And the reason this matters is because this is the ultimate vehicle for conflicts of interest, for ways in which the President of the United States personally is the decider on what happens to the fate of countries and companies. And that opens up corruption.

And the reason this matters is because this is the ultimate vehicle for conflicts of interest, for ways in which the President of the United States personally is the decider on what happens to the fate of countries and companies. And that opens up corruption.

Every lobbyist in the world is busy investing and getting other companies to invest in lobbyists who have direct connections to the Trump family here in Washington right now. The reason for that is that Donald Trump has fundamentally shifted the balance of power in our society to essentially instead of a rule of law society, to essentially a personalist regime. So he has become- Transaction.

Every lobbyist in the world is busy investing and getting other companies to invest in lobbyists who have direct connections to the Trump family here in Washington right now. The reason for that is that Donald Trump has fundamentally shifted the balance of power in our society to essentially instead of a rule of law society, to essentially a personalist regime. So he has become- Transaction.

He's become the kind of instability that you're talking about.

He's become the kind of instability that you're talking about.

That was America's theory of the case in what we saw in the 1990s as kind of the democratizing world. It's like democracies don't go to war against each other, that this notion, call it the quaint Washington consensus of the late Clinton era, which was the notion that integrating

That was America's theory of the case in what we saw in the 1990s as kind of the democratizing world. It's like democracies don't go to war against each other, that this notion, call it the quaint Washington consensus of the late Clinton era, which was the notion that integrating

uh, countries who had previously been outcast into the world economic and political order, drawing China and Russia into the rule of law to the web of institutions would lead to democratization, to further stability and to further peace in the world. It didn't work out that way. And so now we have a situation where, you know, a quarter century later,

uh, countries who had previously been outcast into the world economic and political order, drawing China and Russia into the rule of law to the web of institutions would lead to democratization, to further stability and to further peace in the world. It didn't work out that way. And so now we have a situation where, you know, a quarter century later,

It's the United States that has gone rogue on the very institutions in the world that have actually secured and maintained our power. So, for example, Donald Trump is going after... He doesn't like the idea that the U.S. dollar is so strong. He wants to weaken the U.S. dollar. Right. He's risking... undermining the US dollar as the global reserve currency. And why does that matter?

It's the United States that has gone rogue on the very institutions in the world that have actually secured and maintained our power. So, for example, Donald Trump is going after... He doesn't like the idea that the U.S. dollar is so strong. He wants to weaken the U.S. dollar. Right. He's risking... undermining the US dollar as the global reserve currency. And why does that matter?

Because that's one of the main reasons that we're all so rich and we enjoy this incredible lifestyle here in the world. When countries are making now a determination that Donald Trump is not just some crazy four-year aberration in the world, that he might actually be a long-term new direction for for the United States and therefore the world.

Because that's one of the main reasons that we're all so rich and we enjoy this incredible lifestyle here in the world. When countries are making now a determination that Donald Trump is not just some crazy four-year aberration in the world, that he might actually be a long-term new direction for for the United States and therefore the world.

They're making decisions in a way that I think they were avoiding making in Trump's first term that really have the kind of consequences. But yeah, I don't think it's overstating it. Maybe you guys do. But in my view, we're the instability.

They're making decisions in a way that I think they were avoiding making in Trump's first term that really have the kind of consequences. But yeah, I don't think it's overstating it. Maybe you guys do. But in my view, we're the instability.

That is such an important point. Donald Trump sketches this American hellscape vision, which is fascinating that, you know, for the guy who also- A shining city on fire on a hill. Yeah, exactly. You know, the dumpster fire vision of America is what he's been selling to his base for essentially this whole almost decade that he's been in politics.