TALKING POLITICS Adam Tooze on Europe
Jan 20, 2019
Adam Tooze, author of Crashed and one of our most popular previous guests, discusses the wider political and economic context of Britain's Brexit crisis, including Italy, France, Germany, China, and the US. Topics include the Italian economy, Macron's position, the relationship between the Federal Reserve and the US government under President Trump, the current situation in China and its potential global effects, China's nationalist aspirations and their impact on Chinese-American relations, British politicians' choices in the Brexit era, and potential solutions for Brexit.
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Italy's Shifting Political Landscape
- Italy's political situation has shifted, posing less of an immediate threat to the European project.
- However, the League's growing dominance within the Italian coalition raises long-term concerns for European cooperation.
Italy's Eastward Shift
- Salvini's proposal of an Italian-Polish axis against the Franco-German one is concerning.
- This, coupled with Italy's historical lukewarmness on sanctions against Russia, raises concerns about European unity.
Macron's Domestic Weakness and German Attitudes
- Macron's domestic weakness impacts his European leverage, but German support could bolster his position.
- German attitudes are complex, varying from seeing Macron as crucial to viewing him with suspicion.