3min chapter

Past Present Future cover image

Live Special: The American Century w/ David Miliband

Past Present Future

CHAPTER

The Decade of American Power

The 1970s was a decade in which most people would say the U.S. was in decline, says David Frum. America's domestic oil self-sufficiency came to an end and that hugely complicated its position in the Middle East,. It ended that decade on a note of utter humiliation when Carter ordered the rescue mission for the hostages in Iran. American financial power actually increased very considerably after the financial crisis. And so if we look at the way in which the Biden administration responded to Russia's invasion of Ukraine last February, the instrument that it chose hoping that it will have the most impact upon Putin is financial sanctions.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode