Ones and Tooze Seventy Minutes at Davos
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Jan 23, 2026 
In this engaging conversation, Adam Tooze, a history professor and insightful foreign policy columnist, reports live from Davos. He shares the tense atmosphere surrounding U.S.-European relations, sparked by Trump's bewildering speech, which included a peculiar demand for Greenland. Tooze explores the implications of MAGA's focus on Europe, corporate caution, and the balance of power in liberalism. He also discusses why selling U.S. Treasuries as leverage wouldn’t work and highlights the complexity of Davos' influence in these turbulent times.
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Davos Focused On A Crisis Of Globalism
- Davos became preoccupied with whether liberal globalism was being ruptured by the Trump administration.
- Adam Tooze observed the event felt captive to the U.S. challenge to transatlantic alliances and globalization.
Watching Trump Was A Nightmarish Experience
- Adam Tooze said he avoided attending Trump's speech and watched it on TV with disaffected journalists who laughed then grew dispirited.
- He described listening from start to finish as a "nightmarish" experience of incoherence and "garbage."
Greenland Remarks Shifted The Narrative
- Trump unexpectedly addressed Greenland in his speech, easing European fears of immediate military action.
- Tooze noted the speech veered between domestic populism and bizarre geographic jokes not in the script.
