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Trump’s Economic Own Goal (with Ian Bremmer)

36 snips
Apr 17, 2025
Ian Bremmer, a renowned political scientist and founder of the Eurasia Group, discusses the chaotic impacts of Trump's presidency on both America and global relations. He unpacks the economic fallout from Trump's tariffs, linking them to rising wealth disparity and political dysfunction. The conversation explores the rethinking of American capitalism, challenges to transatlantic ties, and the need for campaign finance reform. Additionally, they delve into concerns about insider trading and the implications of social media on market volatility.
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INSIGHT

US Becoming Kleptocratic System

  • The US political system disproportionately favors those who contribute money, creating a kleptocratic and two-track system.
  • This trend worsens under Trump through unprecedented self-enrichment and blurring private and official roles.
INSIGHT

US: Most Unfree Advanced Democracy

  • The US is the most unfree advanced industrial democracy, a condition worsening for over a decade.
  • This contrasts with dictatorships still being less oppressive, highlighting severe democratic constraints in the US.
INSIGHT

Tariffs Favor Big Corporations

  • Trump's tariff policy is inconsistent and harms small and medium enterprises that cannot secure exemptions.
  • This unpredictability worsens economic inequality and undermines broad-based economic growth strategies.
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