Breaking Points with Krystal and Saagar

1/19/26: Markets Panic, Jeffrey Sachs On Greenland, Troops To MN & MORE!

31 snips
Jan 19, 2026
Economist Jeffrey Sachs, a Columbia University professor, joins to delve into the alarming implications of Trump’s Greenland letter, labeling it as a source of potential instability. He critiques U.S. foreign policy as lawless and discusses Europe's troubling subservience. The conversation shifts to domestic issues, linking military presence in Minneapolis to broader constitutional threats, while raising concerns about ICE's controversial raids and the administration's border strategies. Sachs' insights reveal a dangerous intersection of geopolitics and local governance.
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INSIGHT

Greenland Drama Risks Real Economic Fallout

  • Trump's Greenland move risks unraveling essential US-EU economic ties and could trigger damaging European retaliation.
  • Markets reacted immediately with stock falls and safe-haven gains, showing real economic costs to theatrical geopolitics.
ANECDOTE

Nobel Prize Misunderstanding Anecdote

  • Saagar recalled Norway's Nobel fallout with China to illustrate how states mistakenly punish countries over prize decisions.
  • He used that history to lampoon Trump's belief that Denmark should be punished for not awarding him a Nobel Peace Prize.
INSIGHT

Gangsterism Harms U.S. Global Standing

  • Jeffrey Sachs warned that Trump's Greenland tactics reflect brazen lawlessness that endangers global order and U.S. democracy.
  • He argued this performative gangsterism will not increase American security or wealth and may unite other nations against the U.S.
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