Bloomberg Surveillance
Single Best Idea with Tom Keene: James Stavridis & Scott Clemons
Jul 17, 2024
Military leader James Stavridis & financial expert Scott Clemons discuss global interconnection, avoiding isolationism, financial independence for advisors, the significance of tech companies in a portfolio, and business insights on leveraging technology for competitive advantages.
05:05
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Quick takeaways
- Isolationism risks global economic instability and threatens democracy and freedom.
- Collaboration with tech partners like Lenovo Pro empowers small businesses for future tech advancements.
Deep dives
The Dangers of America's New Isolationism
America's new isolationism poses significant risks according to Admiral Stravidas. History shows that prior attempts at isolationism resulted in cracking the global economy and facilitating the rise of fascism. With the current global economic interconnections, isolating ourselves would disrupt trade relationships with countries like Russia and China. Moreover, isolationism jeopardizes fundamental values like democracy and freedom, leaving them vulnerable to erosion.
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