Macro Musings with David Beckworth cover image

Paul Tucker on *Global Discord: Values and Power in a Fractured World Order*

Macro Musings with David Beckworth

00:00

Is the Cold War a Good Parallel?

Some people compare the rise of China and the challenge to the West, if you like, with the second German Reich. I think the nearest parallel is the long struggle between Britain and France from the end of the 17th century to the beginning of the 19th century - 120 years or so. It's not that we should try and dominate India. The significance of the Fed decision was completely overshadowed by China renewing its relationship with India.

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