Thứ Năm, 14 tháng 2, 2019

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Hello all of you coin aficionados out there and Welcome to the DCCoin World International Coin Channel

Today we have the 1970 S US nickel or 5 cent coin

I'm showing you the back because something kind of cool happened when I went to magnify these

If you look at the 2 coins and the way the light hits them you can see that they are a little worn

Especially on the top of the dome. All the nickel is showing through

So the way the light hits these they have a blue line on them across the top of Monticello

saw this and I said "hey wait one second did somebody mark these up with a pen or something?"

and I tried to erase that blue line on there and it turns out that it's not a blue line

it's just the way the light is hitting the metal

I go back like that see there's no blue on there it's just this really funky

light hitting the metal and the way it hits the nickel on there it changes the

color to blue and it's just a light spectrum issue it's it's the way that

this lamp that I'm using for these emits wavelengths, different wavelengths

of light and so I'm getting this kind of blue line on it but if I tip it up and

change it you kind of lose you can lose most of the blue just by tipping it up

and going the other way well I'm gonna try to lose some of that blue anyways

this is the nickel it's from 1970 and when we flip it over you will see the S

is on here and I did a video of the 1969 snake S mint mark so feel free to look

at that and when I did that I pulled some of these 1970 coins to look what the

s should look like rather than yes and that snake S mint mark and this is what

the S should look like right down here and over here

now if you look at the two of these you'll see that they both look different.

This one got a little bit smashed and it widened up the S little bit. We'll call that Post Mint Damage or PMD

that doesn't surprise me simply because the whole side here is a little smashed

when you look at it so that this one's a little wider than this one this one's a

little flatter and this one got smashed in a different way

so this is this is the S clearly from San Francisco this is the other S from San

Francisco this one has a little bit more of a bottom on it and the one I had from

1969 and my other video actually has an S that keeps going across I call it the

snake S. Now this is a Jefferson nickel it says In God We Trust here Liberty

then there's a star thee are hard to see the star in each one's a little bit

easier to see it on that one but that's a star that's just worn down and then

the year 1970 and then the mint mark here in addition underneath the bottom

of Jefferson is an FS there can you see that FS that's for Felix Schlag who was

the engraver of this coin and when I pulled this one for the 1969 video

You can't see anything at all there so it kind of got beat up really bad this

particular coin here and you can see that the markings and everything and see how

dented in it is and you can't see the FS there but that's what would be there if

it hadn't got kind of chipped out and on the other one same coin you can see most the FS on here

Now these coins were made from 1938 until 2003 and

in 1970 they only made them at two mints they made the D at Denver and they made

the S at San Francisco and I'll show you up I just said 1970 D here and so they

stick the D way down in there so that's a 1970 D this is a 1970 S I'm not going to

show you what 1970 Philadelphia because they didn't mint them in Philly in 1970

I'm not saying that they had a blank here for Philadelphia like they do on

some other coins there's no minting production of 5 Cents coins at all in Philly in 1970

so at Denver they did 515.5 million

and at San Francisco this particular coin they did 238.8 million

These coins are kind of fun but they have no real value beyond the 5 Cents

You can often find them in your change so I keep looking for in at them and

if you do look at them just blow the magnification up if you get a chance

and see if you can see any kind of errors or problems with them because once in a while you can but I

should say these S is this flat S that's not a problem that occurred afterwards

these holes in his head and the way that touches a rim this is all wear and it

makes sense that over the course of forty nine years the D's would kind of

wear down what doesn't make sense in which is really interesting is how well

they hold up so these two coins I just got I did I've got I have ten rolls of

nickels and these two coins were just in those ten rolls and nickels so you can

still find them out there and they're kind of fun but they're not worth

anything so if you're collecting these because you want to make a big payday

it's not going to happen these coins are worth a nickel and I'm guessing they'll

probably always be worth a nickel but keep looking for them out there and

watch out when you do any kind of magnification and special lighting watch

out for the blue lines that appear once in a while on the tops of the the coins

or the nickel part of the nickel part that sticks out towards the light have a

great day from DC Coin World International Coin Channel

For more infomation >> US 1970S 5 Cents Nickel Coin United States - Duration: 6:13.

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U.S. sanctions 9 Iranians, 2 entities for 'Covert Malicious' actions - Duration: 1:46.

the United States has imposed new sanctions on nine Iranian citizens and

two entities that it says are engaged in malicious covert actions against

Americans for more on this story in other news from around the world let's

turn to our no Adam sir Adam tell us more

well the sanctions were announced by Treasury Secretary Stephen minuchin on

Wednesday the targeted entities include the new horizon organization which the

Treasury Department says hosts international conferences aimed at

recruiting and collecting intelligence from foreign attendees the other is the

net pay guard a summer VAT company they are both accused of helping Tehran spy

on Americans both at home and abroad through cyber attacks and other covert

operations nine individuals linked to the organizations were also sanctioned

US prosecutors have also charged a former US Air Force officer who had

high-level security clearance with collaborating with Iran's military to

spy on her former American colleagues Monica Alfred Witte defected to Iran six

years ago and is thought to have supplied classified information - about

about US spy techniques and the people who took part in them - the Iranian

government she was reported to have been recruited for the operation after

attending two conferences in Iran organized by new horizon Washington says

net pay guard used the information supplied by wit to launch a cyber

campaign in 2014 that tracked the activities of her former colleagues wit

remains at large and was last seen in Southwest Asia in July 2013

For more infomation >> U.S. sanctions 9 Iranians, 2 entities for 'Covert Malicious' actions - Duration: 1:46.

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United States Orders Emmerson Mnangagwa and Nelson Chamisa To Dialogue - Duration: 2:47.

For more infomation >> United States Orders Emmerson Mnangagwa and Nelson Chamisa To Dialogue - Duration: 2:47.

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U.S. House Speaker Nancy Pelosi says N. Korea needs to put words into action - Duration: 0:36.

US House Speaker Nancy Pelosi has told a group of visiting South Korean officials

that the intention of North Korean leader Kim jong-un is to demilitarized

South Korea rather than denuclearize his own regime meeting with South Korean

parliamentary leaders led by national assembly speaker moon hee-sang in

Washington on Wednesday Pelosi also stressed it's time for the north to put

his words into action she added that she's hopeful rather than optimistic

about the South Korean people's expectations to establish lasting peace

on the Korean Peninsula

For more infomation >> U.S. House Speaker Nancy Pelosi says N. Korea needs to put words into action - Duration: 0:36.

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SMS Marketing in the United States - What You Need to Know - Duration: 4:29.

Hi, I'm Derek Johnson with tatango.com.

I'm gonna be talking today about text message marketing in the United States.

So tatango.com is a software provider that provides messaging solutions for brands in

the United States to send text messages to their customers.

And those customers must also be in the United States.

So I get a lot of questions from people outside the United States that maybe want to target

their customers in the United States or maybe they're just interested in text message marketing

and the difference between text messaging in the United States and text messaging in

other places.

There's actually two big differences that marketers need to know when their text message...their

customers in the United States.

Those two things are first, we have a federal law in the United States that protects consumers

from text message spam, it's called the "Telephone Consumer Protection Act," pretty long one.

Some people call it the "TCPA."

And essentially, it says that you cannot text message customers or consumers or anybody

without their permission.

And that permission has to be very, very specific you know, you can't get it in a roundabout

way.

It has to be a consumer saying, "Yes, please text message me.

Here's my phone number."

Now there's a lot more legal stuff that goes into it but for the sake of this video, I'm

just keeping it simple.

So that's why in the United States when you ask people you know, "Hey, do you receive

a lot of text message spam?"

Most consumers will say "no" or, "I've never received text message spam," because we have

federal law in place.

And with that federal law, it allows consumers in the United States to sue companies if they

do send text message spam.

And you're gonna be shocked if you're from outside the United States, what you can sue

a brand for is between $1,500 and $500 per text message.

Now, that's not one mass text message, that's every single person on a list can sue for

every single text message they receive that is unwanted or spam anywhere from $500 to

$1,500.

That's a big deterrent in the United States for text message marketing spam.

So, that's the first kind of thing that separates the United States from a lot of other countries

and sometimes is a shock, they're not ready for you know, the TCPA or they're not aware

of that.

So you definitely want to be aware of it if you are going to be spending or receiving

text messages with people in the United States.

The second portion or the second interesting thing about text message marketing in the

United States is it has to be run on shortcodes.

Now, some countries also have shortcodes but the United States is very specific and the

wireless carriers are very specific.

They say if you're doing marketing text messages, they have to be run on shortcodes.

A shortcut is a five to six-digit phone number, so hypothetically 12345 or 123456, that is

assigned to a brand and that's their shortcode and they send and receive messages via that

shortcode.

So in many other parts of the countries, you can use what is called a long code or you

can use a regular phone number.

But in the United States, if you're doing text message marketing, you have to use a

shortcode.

So that sometimes is a shock as well to people that are thinking about coming to the United

States to do text message marketing to their customers.

So two big differences between text message marketing in the United States and other places

outside the United States.

One is we have a federal law, which prohibits text message spam and has serious consequences

as you can see.

And then the second is for text message marketing, you have to use a shortcode that's mandated

by the wireless carriers.

So two different things to know if you're coming to the United States or if you're just

interested in text message marketing in the United States.

For more infomation >> SMS Marketing in the United States - What You Need to Know - Duration: 4:29.

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Philip Short - As Others See Us: America in the Age of Trump - Duration: 1:19:47.

- Hi, well welcome everyone to the John Sloan

Dickey Center for International Understanding.

You've braved the elements

and come to hear an incredible talk.

Today, I'm Melody Brown Burkins.

I'm an adjunct Professor in Environmental Studies

and I'm the Associate Director here of the Dickey Center.

I've had the privilege of working with

the entire team including Dan Benjamin

who couldn't be here today and he asked

if I would take the time but he of course

will be watching the video and has spent

quite a bit of time with our distinguished speaker today.

Today you'll be hearing from Philip Short who is our

Magro Family Distinguished Fellow in International Affairs.

I want us to take a quick moment to let folks

know that this is a new thing for the Dickey Center,

this is a new Distinguished Fellowship.

As of last spring, we had Ambassador

Johnnie Carson here as our first Magro Family

Distinguished Fellow in International Affairs.

That's now followed by Philip Short

and in the spring we will have Jake Sullivan

who is already here as a Montgomery Fellow

and he will take on that role as well in the spring.

So incredible work and scholarship done

by the Magro Family Distinguished or

supported by the Magro Family Distinguished Fellowship

in International Affairs and that's made possible

by the Magro family, Tony Magro serves on

our board and I just wanted to say thanks to that.

It lets the Dickey Center do even more

in these spaces and it will continue to grow.

Today we are here to hear from Philip Short.

A brief bio, I won't spend too much longer

because he will have a wonderful talk for you.

But he was born in Bristol in 1945

and educated at Sherburn and Queen's College in Cambridge.

He worked for the BBC for

30 years as a Foreign Correspondent,

initially in Central Africa and then in Moscow,

Beijing, Paris, Tokyo and Washington.

In 1997, he spent a year teaching Comparative

Politics at the University of Iowa and he now

lives with his wife and daughter in southern France.

I didn't ask exactly where.

- [Philip] Quite far in the south near the sea.

- His first book, A Life of Malawi Leader

Hastings Banda was published in 1974.

The Dragon and the Bear, a comparison between China after

Mao and the Soviet Union after Stalin followed in 1982.

His Biography of Mao Zedong was published

in the United States in 2000 and has been

widely regarded as the definitive account

of the life of the Chinese leader.

A revised edition incorporating new archival material,

Mao: The Man Who Made China was published in London in 2017.

He has also published a biography

of the Khmer Rouge leader Pol Pot

and a life of the French President Francois Mitterrand.

Quite a set of folks to study and we now

get to hear him speak about our President

of the United States, Donald Trump.

I'm looking forward to this talk,

thank you so much for being here.

(audience applauds)

- Thank you very much.

Thanks very much, Melody.

Dan is not here, as we just heard.

He initially, are we getting a?

I guess that one needs to go off.

- Well I turned this off here.

Let's see if I did incorrectly mute it.

We will turn it all the way off now.

- Because it's gonna go-- - It does.

- Howling around in circles. - Let's see what I can do.

- Sorry, technology.

- [Melody] Keep going and I think--

- Are you gonna mute me or are you gonna mute you?

- This is muted. - I can be muted too.

It's hard work but I can.

- It's not my expertise but I think--

- I think you've got it, great.

I was saying Dan originally suggested

I give this talk in the fall

and

I said no.

This is the kind of talk I would like

to give really at the last possible

moment just before I get on the plane because,

well I don't even need to tell you why.

It's such a terrible subject, such a difficult subject

and I'm certainly gonna say things which you

won't agree with and metaphorically or otherwise,

you will wish to throw brick bats

and rotten tomatoes and bad eggs.

So I thought the last possible minute

but I do notice that Dan is not here.

I'm here but he's not.

I wonder if he thinks something ugly is gonna happen?

Perhaps

the best answer is discretion.

It is sensitive and curiously enough,

the sensitivity came up even before I arrived in this room

because we discussed what to do in the poster

and we got a poster which shows Trump kind of

looking like Little Jack Horner sat in the corner,

what a good boy am I.

He's so pleased with himself.

But there were other ways of doing this

and we did kind of think, if this will work,

he said it would work.

Ah, there it is.

So should we do something more like this?

Because Trump as a caricature,

to most Europeans Trump is a caricature.

Is that fair?

I mean should we look on him as a caricature?

You could say well Trump isn't fair to

other people, why should we be fair to him?

But I don't think we have to descend to that level.

62 million Americans voted for him,

some of them probably holding their noses,

some of them because they hated Hillary.

All kinds of reasons but it's a big number.

He didn't come from nowhere.

He is an authentic reflection of a certain America,

an America which you may not like or you may like.

It's up to you to decide but there is a reality there

and the caricature to be fair always does reflect reality.

So

a caricature, yes.

I would argue in a minute, an aberration, no.

He is a reflection of a certain

reality whether we like it or not.

I guess I ought to say at

the beginning of this where I stand.

Many people regard Trump as a loathsome individual.

I'll hold up my hand, yes.

Personally I think he's the pits.

But just because he may be an unpleasant individual

in many people's views doesn't mean he's always wrong

and one of the things which has,

I won't say upset me but has disappointed me

is the kind of lynch mob mentality which has developed,

particularly in the mainstream American press

which holds very consistently

that Trump can never do anything right.

It's kind of a mirror image of Fox News and Breitbart.

One side demonizes him, the other side praises him.

Neither side is discriminating and actually

tries to figure out well, why is this guy there?

There must be a reason.

What does he represent and are some of

the things which he says actually sensible?

I said I'd annoy you all and I'm trying my best.

It's easier for me to say things like that than for you

and it's the old business of the trees in the forest.

You see the trees because you're living

among them much more clearly than I do.

I'm not in the middle of the trees,

I'm not surrounded, I don't see them as well.

But being outside, I at least should

be able to see the forest a little more clearly.

I confess that over the Atlantic there's often a lot of fog.

It's not always as easy as it might seem.

Another key point before we go on, we are the same family.

Europeans and Americans, you know,

we're basically on the same side.

We share the same values or at least

we pay lip service to the same values.

We share a Judeo-Christian culture and I think that's

true whether you're a Buddhist or an atheist or whatever.

The society in which we live upholds

or tries to uphold Judeo-Christian values.

We believe in the same kind of political system.

We believe in the same or similar freedoms.

Similar, not always the same

but basically we are on the same side.

So in what I'm going to say,

because I will inevitably be making certain criticisms,

this is as others see us, America in the age of Trump,

they are criticisms or observations which are made

from someone who is actually part of the same family as you.

Europeans and Americans are.

But being basically on the same side

doesn't mean we're completely on the same side

and there are disagreements.

We do see things in different ways

and I think in Europe now there's growing pessimism

about whether America is gonna get its act together,

whether you're going to confront your contradictions

and deal with these wrenching internal conflicts

that are so evident both to you

and to those who look from outside at America.

The other day I read a piece by George Will

who is one of my favorite conservative commentators.

I think he says a lot of good sense

and he quoted Mark Twain, it's a story

I should think most of you know.

Mark Twain and another writer were coming out

and it was pouring with rain and the other guy said

"Do you think it's gonna stop?"

And Mark Twain said "Well, it always has."

And the point of the story was that Trump also will pass.

The rain will stop but he doesn't answer the question

of how long it's gonna rain before it does stop

and how long in other words the age of Trump,

what I'm calling the age of America,

the America in the age of Trump is gonna continue.

European leaders really did think

to begin with that Trump was an aberration.

A kind of blip and he'd go away.

I think very, very few Europeans actually feel that now.

The prospect is rather that the problems that

America has will cross the Atlantic as they so often do.

My mother used to say

"When America sneezes, Europe gets a cold or gets flu."

We tend to pick up a lot that comes

from you and some of it goes the other way

and indeed I think

what you have been experiencing we are already experiencing.

It's already crossed over, technology's much quicker now.

It used to take four or five years for things

to cross the Atlantic, now they go much, much faster

and both of us are confronted by problems

which have been growing slowly over time.

They didn't come out of nowhere

and they're not going to go away soon.

I am actually less concerned about Europe

than I am about America for two reasons.

Because Europe

back in the 1930s experienced very directly fascism

and that memory is still with us.

You didn't, you were on the other side of the ocean.

You didn't have it kind of up in your faces so close up.

I think that is quite a powerful factor

and also Europe is a whole bunch of countries

and if one has a nervous breakdown,

there may be a little sanity in some of the others.

You are one country, so if you have a collective

mental breakdown, you don't have others to counterweight

and I'm talking about,

wait a minute.

I missed a page.

Sorry.

So I'm not so bothered about Europe

as with you and even with you, you know,

there'll be ups and downs.

You may have a really charismatic leader who comes next,

someone in the mold of Jack Kennedy perhaps.

It doesn't happen very often but who knows?

And if you have a leader who can inspire,

then there'll be an up but even then I would argue

these underlying problems are not gonna go away.

They're too deep and they're not

something which is here just temporarily.

We'll talk about that in a moment.

What are these underlying causes?

I think there are three.

The first is ever since the Second World War,

so for 70 years, America has been preeminent.

In fact since the end of the Cold War,

you've been the only world power.

But as Chrystia Freeland, the Canadian Foreign Minister

said recently, I'm sure you all read this and it's an

interesting comment, "preeminence does not go on forever."

There's the old Chinese classic which starts

empires wax and wane, states cleave asunder and coalesce.

There is a natural process there.

Some states become more powerful,

they reach a peak and they then become less powerful

and that has been the law all through human history

and it's going to apply to you too.

It applied to Britain.

I talk about Britain as a Brit.

In the parallel, I think it's very striking

between the United States over the last

few decades and late 19th century Britain.

We both espoused, and were proud to, a civilizing mission.

Britain had colonies, we had an empire.

Britain would bring the rule of law,

it would bring Westminster-style democracy, proper

administration and everything else to the colonized peoples.

You would bring democracy.

You wouldn't say they're colonies,

you had The Philippines but you didn't

have them on the kind of scale we did.

But after World War Two, you set out

to promote American values all around the world.

You

installed where you could or promoted

pro-American regimes to halt the spread of Communism

and then after the end of the Cold War,

that became regime change and inculcating democratic values.

Especially in the Middle East and the parishes

of the former Soviet Union and Eastern Europe

and I remember 20 years ago

at the University of Michigan giving a talk

where I tried to convince them that

actually there were big parallels between

19th century Britain and 20th century America.

It was in the 1990s and I must admit, I failed.

They were not at all convinced.

This was the late 1990s, it was the time when

America was absolutely at the peak of its power.

Difficult for Americans to imagine

that there could conceivably be a parallel

with little Britain that had kind of become

a second-rate power and not at all in the same league.

I wonder if it's different now and I'll be

interested to hear your comments, whether you think,

whether you can imagine that sort of process,

that sort of parallel actually applying.

I'm not suggesting the end result will be the same

but I'm suggesting there is a similar process at work.

The motor of that change is not just the rise of China.

It's also the growing economic weight

of other countries which were formerly

in the developing world which means

collectively that America will have a smaller,

relatively smaller slice of the global economic cake.

I don't think there's any way that's not gonna happen.

You can already see it and that creates

anxieties and fears, discontents which

Trump has very cunningly tapped into.

That slogan Make America Great Again,

well it implies America's no longer great

which implies that actually there has been

a process of decline and Trump is the guy

who promises he's gonna fix that and it's that

feeling of decline which drives Trump's support.

Now you may say and people have said to me, "Oh."

But the opinion polls show that Americans

are not actually concerned about these

huge geopolitical changes I'm talking about.

They are driven by nostalgia, by a feeling that

there are fewer opportunities than there used to be.

That the middle class or the lower

middle class or the working class are not

able to improve their situation in the way they were.

That America is no longer what it was in the 1950s.

In other words, it's the same thing as in Britain.

The nostalgia, Brexit which is a suicide mission.

Brexit is because fundamentally people are

looking for how they can get back a Britain

which no longer exists and which never can exist again.

But they want it and so voters do what they always do

in these circumstances, they look for a simple

reassuring answer to a complicated problem.

It's Brexit in Britain, it's Trump here in America.

So first underlying cause which is not

going to go away is geopolitical change

and geopolitical change for humanity as a whole,

it's a pretty good thing.

It's in the natural order of things.

Some countries get stronger, others become weaker

and just to get back to the British example again,

you've got to ask yourselves how long

did Britain take to get over the decline of its,

period of declining from its peak?

It's at least 100 years

if you look back.

The peak of Britain was around the time

of the First World War or just before and I think

Brexit actually represents

the last kind of destructive spasm of

Britain coming to terms with a decline

which it could do nothing about.

So if you're looking at how long a process it's going to be

even if things move quicker now for all kinds of

technological reasons, it's a very long, slow process

and I'm not suggesting America is

kinda finished or going downhill, not at all.

Going downhill maybe very slowly but

certainly not finished, certainly not dead.

In 40 years time, I suspect America

will still be the most powerful country in the world.

It's not happening overnight but there is,

there is a transition and it's begun.

The extent of your preeminence

is in relative terms declining

and until Americans start accepting that,

which I think is not for tomorrow,

it's going to be difficult to accept,

no one likes this kind of prospect,

then the kinds of anxieties and discontent

which Trump is homing in on are going to continue.

Second factor, globalization.

Globalization again is very positive

and not just for multinationals,

it's positive for people in the developing world,

for Senegalese, for Guatemalans, for you name it.

Bangladeshis.

They have much greater opportunities

than they would have had before

but if you're a Bangladeshi or a Senegalese

and you see because you can now see through the internet,

through improved means of communication,

you see how much better life is in Europe

or in America and if you're determined,

you're gonna up sticks and want to move.

So globalization is a fundamental cause of migration and

migration is a huge problem which nothing is going to stop.

I do believe

not just looking at the situation in America

but looking at the situation in Europe even more,

migration is not gonna be stopped by walls.

Across the Mediterranean, how many tens of thousands of

people have drowned trying to make the journey to Europe?

Because Europe offers things which

they don't have in their own countries

and build as many walls as you like, it's not gonna happen.

It's not gonna stop it.

It may make it more difficult.

You haven't even thought about maritime

migration to the United States.

You've got loads of coastlines.

Some of the countries that people are leaving from,

there are other ways of getting

to you and it's really not going to stop.

There is only one real solution to the problem

of migration and that is to improve life

in the countries from which people are leaving

and it's actually in our interest to

do so because those countries are our markets.

That's where we're gonna sell stuff.

So it's not just a matter of doing it

kind of as do-gooders, as a charitable cause

to make life better there and to stop them

migrating to us, it's also in our own interest.

But governments hate it because

it's very hard to explain to taxpayers.

Why are we helping these people

over there when we've got such problems here?

And I think it's probably not gonna happen.

I don't think we will have and as governments

suddenly have a kind of blinding vision

in Europe and here, I don't think we are

going to have the kind of effort that is required,

would be required to stop international migration.

So it's going to get worse.

A third factor is kind of piling in with those two,

climate change and I'm not going to get into

the argument of whether it's man made or not.

It doesn't really matter.

What I think we can all agree on

is that the climate is changing

and changing crop patterns, rising sea levels,

they are going to increase migration

because they're gonna make certain areas uninhabitable.

A rare note of optimism, I think America would

eventually climb on board the anti-climate change bandwagon.

It's aberrant and a lot of big American companies

are very well aware that this is a huge problem.

The American military is certainly very well aware that

climate change is real and it's a huge problem for them.

So you have these three factors,

geopolitical change which is coupled with globalization

indirectly induces anxiety in large parts of

the US population and then the infernal couple,

migration and climate change.

One of the key reasons for saying that

the age of Trump is not just a blip,

it's going to be with us because these

are factors which are not gonna go away

and absent a kind of black swan event,

a nuclear war or something of that nature

which we all hope is certainly never gonna happen,

absent something absolutely cataclysmic like that,

these are probably the two issues,

migration and climate change which are going

to affect not just our future but our children's

and grandchildren's future more than any others.

So those are the big issues.

But I would argue that America actually is

kind of missing the point over some of this,

what relatively are the smaller issues.

There's a kind of analogy from China back in the 1930s.

China in the 1930s was facing two things,

a civil war between the Communists and the Nationalists

and Japanese occupation

and Chiang Kai-shek, the Nationalist leader said

the Japanese are a disease of the skin,

the Communists are a disease of the heart.

By which he meant we

cannot worry about the Japanese occupation until

we've actually got rid of the Communists.

Of course he failed but it was

a distinction which was worth making

and I think it applies to America.

I think you are concentrating on diseases of the skin

and ignoring diseases of the heart.

Diseases of the skin, for example the threat from Russia.

Russia has the GDP of New York State.

It does, it's no exaggeration.

Economically it is way down the list.

Yet sure, it has nuclear weapons.

We talked about a black swan event.

I'm not diminishing, I'm not

passing over the threat of conceivable nuclear war.

But absent that, it's very difficult to see

how Russia is really a threat to your vital interests.

Is Ukraine a vital US interest?

Sure it is if you're a Ukrainian-American

but for the rest of America,

for America as an entire nation,

it isn't, it isn't for Europe even.

It's not a vital interest.

Another is the rise of China,

we've talked about it a little bit.

That's also in the natural order of things.

Sure we get exercised about being challenged,

especially when it comes from what

has been for so long a developing country.

But it's a relationship that needs

to be managed and managed intelligently

but it's not an existential threat.

Countries do wax and wane.

So the diseases of the skin are what take up

all our time and the diseases of the heart,

what do I mean by that?

Not just migration and climate change

but also the wounds in the American

social and political fabric.

Racism

clearly is one and when Europeans read about

unarmed black people being shot by policemen

and then acquitted by American juries, we kinda

scratch our heads and are completely unable to understand.

I'm not, don't think I'm being broad brush about this.

You've got a lot of decent policemen.

I'm not saying they're all racist killers

at all and racism is pernicious everywhere.

There's racism in Europe as well as here.

I'm not making that case

but those jury trials could not happen in Britain or France.

We can talk about the reasons they couldn't happen,

I'm happy to talk about them but they could not

and they are something which really

Europeans find very shocking about about your society.

In general, the racial divide in America

is much, much greater for historical reasons,

sure than it is in Europe.

I was struck by that when I came to

Washington for the first time 22 years ago

and I saw there were virtually no

biracial couples on the streets and in London,

there are probably as many black-white couples as

there are white-white couples or black-black couples.

The mixing is very much greater and I thought hey,

this country's supposed to be a melting pot.

Well,

it isn't and again these things have changed.

They've improved a little bit

but they haven't changed fundamentally.

Sorry.

I actually, when I first came to Washington,

I went to the Southeast and places like that,

you know what it reminded me of?

The only place I'd been that was like it was

South Africa, Johannesburg during the Apartheid period

because you would go from one street which

was completely inhabited by black folks and two

or three streets away, completely inhabited by white folks.

I know there are historical reasons for this

and every country has its history but I am simply,

as others see us, these are things which

Europeans are slightly shocked by

and then there's US democracy.

Now the US is a democracy and I'm not disputing that.

It's

a very important democracy but, there had to be a but,

when money plays quite such a big part in your system,

your political system,

that we find a bit difficult to take.

If you have to have a billion dollars to be

elected President, that's quite a lot of money.

I mean how is that democratic?

And then there's the Electoral College.

Okay,

you have an Electoral College system.

It does lead to people being elected

as in this case but not just this case,

people being elected with fewer votes than their opponents.

200 years ago I can quite see

that may have been a necessary safeguard.

But now?

But it's in the Constitution.

Another thing which surprises many outsiders,

you treat your Constitution as holy writ.

Other countries change their Constitutions.

The French are on their fifth

and they're always talking about the sixth.

Britain doesn't have one, so we don't have to change it.

But you do really hang onto that Constitution

that your Founding Fathers wrote and which was

wonderful 200 years ago but it's kind of

difficult to see that it's necessarily perfectly adapted

to the situation in which you're living in the 21st century.

I could go on, no democratic system is perfect.

But when Europeans

look at America, these are the things that stand out

and one other factor, white Americans,

and I put that in inverted commas

will no longer be the majority in

what is it, 20, 30, 40, 20, 30 year's time

and I wonder how you're gonna get over that.

That also will be a difficult

transition to make psychologically.

I've been kind of grumbling, I've been

the grumbling European so I want to counterbalance that

absolutely sincerely by saying that you also have

qualities which we have lost and we are aware of that.

These are qualities which

Europeans recognize, admire and envy.

The one which always strikes me most and I'm sure most of

you absolutely take it for granted is the can-do attitude.

It's Barack Obama's Yes We Can,

it's The Little Engine That Could, it's all this stuff

which you might say "Okay, that's for kids."

But it's actually there and for

a European, it's very striking.

If you have a new idea in Europe and you try to push it,

everybody will say to you "Oh, we haven't done that before.

"That's going to be difficult."

And they'll have a whole list of

reasons why it's really hard to do.

If you have a new idea here, people say "Let's try it."

It's a totally different mindset

and that's one of your greatest qualities.

New ideas do get traction in Europe,

I'm not being completely broad brush over this

but it's a lot easier here and the resistance

to change in Europe is really strong.

Brexit is one example.

The Yellow Jackets in France

are another absolutely classic example.

Macron wishes to bring about changes

which are so obviously necessary

and everyone's out on the street

burning cars saying "No you can't."

It's very different.

Americans are much more positive.

Maybe it comes from the pioneering spirit

when your people had to struggle against the odds.

But wherever it kinda comes from,

I think it's in a way an attribute of a young country,

a young, confident country.

Europe is kind of weighed down by its history.

You're not.

The European countries are mature,

I'm not saying you're immature

but you certainly have the hope.

I wouldn't dare, you would really all lynch me but

you have the energy and confidence of youth

and a question I ask myself is whether

that perhaps is now beginning to change.

I remember thinking years ago,

40 years ago when I was in Moscow that

if ever America lost its kind of certitude,

its sense of confidence in itself,

then that would be yes, a sign that it was

in inverted commas growing up, becoming more mature

but also the beginning of decline

and

you know, countries are like people.

We become wiser or at least we hope we do

as we get older, that's not always true.

But we also become less robust

and the core of your national sense of

confidence I think is this idea of exceptionalism,

American exceptionalism, America should lead,

America is a model that others should follow

and that America should promote its values.

You probably don't notice it so much

and in fact I didn't until I really

started listening and thinking about it

but this is a constant theme.

It's in every American newspaper,

it's in every politician's discourse.

My students when we talk in class,

they will come up with American leadership

just quite naturally in the course, you know,

it's something which is hardwired,

mixed metaphors, it's in your DNA and it's a given.

I don't think it's a given to Europe

and perhaps much of the outside world anymore.

It was during the Cold War.

During the Cold War, we were actually

very grateful to have American leadership.

It's something that was certainly accepted.

But since the Cold War ended and you had

the neocons, people like Dick Cheney who

talked about American exceptionalism as though

it was the ultimate good and Americans were

inherently virtuous, you were the chosen people

and what happened?

The fiasco in Iraq and this terrible war

in Afghanistan that's been going on and on and on.

That,

it's, I mean why did it happen?

I think it was partly triumphalism,

it was partly hubris, it was the end of history.

You remember that book by Francis Fukuyama.

The New World Order, America was a hyper-power.

It was also I think and I would argue,

I'm on my critical bent again now, short-termism

and I do find that an unfortunate characteristic

that you don't really look beyond the next move.

You don't look two or three moves down the road

and think what are the long term effects of this

in exactly the same way as Americans tend to live

or many Americans live paycheck to paycheck.

Europeans have savings and would be horrified if they had,

the idea that they had just to get to the next paycheck,

it's very rare in Europe.

Trump is more short term than most.

But he has called into question

some of the basic assumptions

on which this doctrine of exceptionalism rests

and I think some of those

assumptions need calling into question.

This is an outsider's view, you could look skeptically.

I think this is very much an outsider's view.

For instance, NATO, he's horrified

the foreign policy and defense

establishment by saying "Do we need NATO?

"No, let's get rid of it."

And I think you can make a very strong

case for saying in America's interests,

America ought to keep NATO.

It's been so useful to you over the years.

Is it in Europe's interests?

That I think is a very different question

because one of the problems has been that

every time the Europeans showed a little bit

of desire to create an independent defense force

like Germany and France did in the 1990s,

every time, they've been slapped down

and America said no no, no.

You do that and we'll pull out.

You'll be duplicating what we do,

we absolutely don't want it.

Basically you have wanted the European allies to be there

but you wanted to be the one calling the shots and

it's a little bit short term as well because

if you really want the Europeans to pony up

to their responsibilities, then you have

to do what parents do, what adults do.

You could say "Okay you're on your own, do it."

It's the old thing of the birds

with the baby birds in the nest.

They're not gonna learn to fly unless they're kicked out

and countries are not suicidal.

If the Europeans were forced to look after

their own defense, I have no doubt they would do so.

But you have to force them.

No one is going to spend loads of money

on making their armed forces stronger unless they have to

and the argument therefore that NATO

should never end but we should keep it forever

I think can be called into question.

Also the whole thing of NATO enlargement.

You enlarge up to Russia's borders,

how would you like it to have

Russian troops in Mexico or in Canada?

Try and look at it from the other side.

You, one can argue that actually much of

what has gone wrong in the relationship

between America and Russia, and it's a crucial relationship,

has been self-reinforcing.

The Russians have done one thing,

you've then done something else and it's

made it worse and it's been a vicious circle.

I mentioned the business of parents.

There was a fascinating piece,

Richard Cohen in the Washington Post

wrote a couple of weeks ago, he said

"Nations, like children, crave predictability.

"They need to know the rules.

"The United States is like a parent.

"Other countries look to it for

"guidance and to enforce those rules."

Well I wonder if that's how

you all see America's role in the world.

I mean it would make the hair of the Europeans

and of most other countries stand on end.

We don't want a parent, we don't even

need a leader of the free world anymore.

In the Cold War, that made some sense.

What is the free world, free from what, free from whom?

It makes sense if you regard Russia as

the great successor of the Soviet Union

trying to subjugate everybody else.

But that's a pretty hard line to try and make stick.

Now I suspect I've been over time, have I?

I'm going to be in a minute,

so let me wind up reasonably quickly.

There's just one other thing about exceptionalism

and it's from a guy called John Sipher,

it's another quote I saw recently.

John Sipher was a CIA official, he writes for lots of blogs.

He's retired, he's very well-respected,

a little bit right wing, okay?

Fine, there's no problem with that

and he wrote this piece saying

it was outrageous that we should even think

there was any kind of moral equivalency

between America and Russia over things

like Russian election interference

and what he said was what's important is moral intent.

In other words, if America tries to fix

other countries' electoral systems or election

results by underhand means, that's fine

because we're doing it in a good cause,

we are promoting democracy.

If the Russians do it, it's evil.

So you know, if one side does it, fine.

The other side does exactly the same thing, no.

You'd think that was a caricature but I'm

afraid it is an element that informs a lot of

the foreign policy establishment's thinking.

It seems to me crazy but it's something which

is quite widely believed.

I'll skip that.

The last point really I want to make is that,

and it's linked to exceptionalism and American leadership

and it's this,

it's

the way America punishes

other countries if they don't actually

follow what America would like them to do

and the Iran sanctions is the most recent case

where the Europeans have had to kind of,

European companies are very reluctant

to give up trading with Iran and the European

governments think the Iran Agreement was

actually a good agreement and it should be kept.

But the European companies have had

to jump through hoops to try and avoid

tertiary sanctions from the United States

because America would say well you can't

do business in our market because

you're trading with the Iranians.

That's kind of extraterritorial

and there are lots of other examples.

It happened under Reagan.

Reagan wanted the Europeans not to have

anything to do with a gas pipeline to Russia

and threatened sanctions of the same kind.

Nikki Haley said, you'll remember at

the United Nations, "If you don't vote

"for us, then there are gonna be consequences."

This is all, it's the schoolyard bully I'm afraid

and for your allies, it's really hard to accept.

It makes sense when enemies,

when adversaries try to stop us doing things

but when our greatest ally, the United States,

we're all on the same side, says

"You've got to follow our lead, otherwise we'll

"use economic sanctions against you."

And this is not new, in the 1980s,

Francois Mitterrand actually threatened

to take France out of the G7 because he

was so outraged by Reagan's insistence that

everyone follow what America wanted to do

and of course it didn't happen but

there was a huge row within the G7.

Read my book.

Then the other element of this punishing things,

it's also America's willingness to resort to war as

the recourse of, the policy of first resort.

You've fought a lot of wars,

they haven't all been terribly successful

over the last 70 years, put it that way.

Some of them, the little ones, Granada,

Panama, the first Gulf War where everyone supported you,

yeah that was very successful but a lot of

the others have actually produced huge expenditure

of blood and treasure for very, very little result.

I have talked to politicians, to businessmen,

to cultural figures, to people like you and me

in Europe, in many European countries and I'm

afraid one thing you hear rather often is that

they are more afraid of America starting a new war

than they are of any other country

including Russia starting a new war

and that is said by Europeans who

have seen what has happened in Ukraine.

They worry, John Bolton over Iran for example,

they do worry

about this

and that's, I mean it's not something

I would wish to say about America but it is,

it is an impression that you often give that force

comes first and diplomacy, you're not so good at.

It's a very broad thing to say.

You have been good at diplomacy in certain cases.

It was you who brought about the first

Middle East Peace Settlement between Israel and Egypt.

You've done a lot but you have tended perhaps

more even recently than before to use force.

I'm coming to the end of this.

The last thought I want to give you is Barack Obama,

you remember on American exceptionalism,

he suggested that most countries felt exceptional.

Do you remember?

And people said "How can you say that?"

And I think he was wrong.

Most countries don't feel themselves exceptional.

You do, the Russians, do, China does in a way.

Britain used to, it doesn't anymore.

France maybe culturally a little bit

but essentially it's you and the Russians

and that's what makes it always so difficult

for you to have a non-conflictual relationship with Russia.

What I noted about Obama though is

he started to think about exceptionalism,

he started to question it and

people say America's not very good at introspection.

But actually you hear that word introspection

more now than you used to and I think

maybe there is greater awareness

perhaps partly because of Trump

that you need to think about

the kind of country that you've become.

You need to think harder about it

because in order to become a normal country,

not a hyper-power or a superpower but normal

in inverted commas, in other words a great power

but not a hegemonic power but a power that can exist,

coexist with others, that recognizes that

there will be growing powers like China

and others in the world.

This doctrine of exceptionalism

you kind of have to overcome.

As long as you think you're completely exceptional,

it's very difficult to live as a normal country.

Powerful normal but still normal.

How long is it gonna take for that to sink in,

that change to happen?

Decades I'm sure.

How many?

Goodness knows but the British experience is it's very slow.

I don't think I'll be here to

see it, I think our children will.

But it's going to be a very long period

and that's another, that's the fundamental

reason I say Trump is not a blip.

He reflects things which are much,

much longer, durable, more deep-seated.

He's a bad moment I grant you but he's part of,

he's a symptom of these changes that we're going through

and I think all we can do is hope that his successors

have the wisdom, have the intelligence

and the convictions also to try

and manage the confused and dysfunctional,

deeply polarized country that he's left behind.

Not that he will leave behind but we would hope

he has left behind but it hasn't happened yet.

Thank you very much.

I'm sorry to end on a bleak note but let us now

in the time we have left go to questions.

(audience applause)

- We have a mic to record the questions, thank you.

And any questions for Philip Short?

I'm gonna hold mine, I'm gonna say it first I guess.

- Okay yeah, pull rank.

- Oh he's got that, I'll stand close to you.

My question was if you had geopolitics,

migration and climate as the heart,

is there anyone addressing that for the world

right now in a place, is it the UN, is it the G7?

Are there folks thinking about that part right now

that we should be paying attention to versus the skin?

- I think much too little.

Much too little.

I mean countries are thinking about it,

China for instance is thinking about climate change.

They've been taking some action on climate change,

but to fill the vacuum left by America.

It's for nationalistic reasons.

There is no global body, no group which is really, really

devoting energy to these things and migration, hopeless.

The Europeans are not getting their act together at all.

America, zilch.

No one is addressing these things and they

are the fundamental problems that face us all.

They're just not being dealt with, very depressing.

Yes?

- [Blond Woman] First of all I just want

to say it's delightful to see you in person.

For many years I've only heard you on the BBC.

It's quite nice.

One thing that you didn't mention which I found

very different, I lived in England for 20 years

and I'd be interested in your perspective on

the difference in religious fervor

in the United States versus Europe.

It to me is such a striking

in many ways negative to the way

we're approaching the world.

So I'd be interested in your thoughts about that.

- Well this would sort of reinforce my comparison

between America today and 19th century Britain.

In 19th century Britain,

people did have faith and the Church was very strong.

Now

in Britain, religion

is certainly not something you wear on your sleeve.

You don't at all and churchgoing,

if you believe it's kind of very personal.

It's not,

I have always been struck driving through

America by how many small churches there are.

You've got Lime and there's a lovely

church in Lime and you go around towards

the sea slopes and there's another church,

you have churches everywhere and people go to them.

Well in the same way that you have

your flags out, flagpoles outside your houses.

That would be pretty inconceivable in Europe.

Europe has, I said we've lost things and one of

the things we certainly have lost is faith, religious faith.

So many churches in Europe have been closed and transformed,

de-sacralized and transformed into private residences.

It's,

I mean I think people should have the right to choose.

You either believe or you don't.

Faith is a kind of gift.

It's not something you can work on,

it's not like learning arithmetic.

It's at a different level but it is absolutely true

that Europe is much more agnostic or atheist

than religious.

It's true everywhere.

So does that awake you?

Will that be one of the signs that

actually things are changing in America?

As I said, it's decades away but one may wonder

whether your grandchildren's generation

is going to be as religious, as

imbued with faith as your generation is.

Who knows?

- Early on in your talk you had

felt more concern about us,

the US

and all of the issues, Brexit and the right wing

rather than any, you felt less concerned about Europe.

Would you also extend that to Eastern Europe,

the concerns about

democracy and the like?

I can see Western Europe,

I'm wondering about Eastern Europe.

- Well, it's kind of a different issue

and when I'm talking about Europe,

you put your finger on something,

I was basically talking about Western Europe.

But you do put your finger on a very interesting issue.

There was discussion right at the beginning

whether the East European countries

should be admitted to the European Union.

Mitterrand for one suggested that

there should be a Confederation,

called for a Confederation of Europe

which would be a kind of halfway house

and of course the East Europeans said

we don't want anything remotely like that

and they ran to Washington and they said

"Hey, you hear what these Europeans are talking about?

"Put some pressure on them, we want to get in straightaway."

And America naturally for geopolitical

reasons wanted them to be part of Western Europe,

for very understandable reasons.

But there is a question, Eastern Europe

has had a very different experience,

a very different history from Western Europe

and how well was it going to fit?

I think we're now seeing that

actually there are quite big cleavages.

Particularly Hungary,

Hungary is probably the worst offender.

Orban is

running a very

dictatorial regime in Poland.

The Justice Party is

trying to get its hands on so many levers of power.

The Czech Republic, Slovakia,

the old Visegrad Group, these four

are kind of moving not exactly

together but they are proving

recalcitrant to many West European democratic ideals.

And Hungary in particular, the idea of

accepting any kind of immigration is absolutely out.

Well if you want to be part of a bigger thing,

you can't set your own rules and say

we like it because you're giving us lots of aid

but we're not actually gonna follow the same rules as you.

So I think this is a big problem.

Now, should, it's very difficult to,

I mean there are two ways of looking at this.

Will eventually

the East Europeans accept West European standards?

And so a period of pain for a larger Europe

is worth going through or are we going to

reach the point where we have to say well,

I'm sorry but you can't be members of this club anymore

because you're screwing it up?

That's not what this is about.

I think there is a, well it's very

difficult to say which way it's gonna go.

Gentleman.

- Because of your knowledge of China,

very impressive on multiple,

I wonder if you would care to make some comment on

how the rivalry between China and US is going to play out?

I know it's a loaded question but take it where you want to.

- [Man] Make it a short answer.

- You mean I've been talking enough, I can just...

Actually it's a question which is very

much related to everything we've been talking to.

How is America going to react

to the growth of powers like China?

How is it going to accept a multi-polar world?

Because a multi-polar world is,

you might even say it's here but it's certainly on the way.

You know,

crystal balls, I don't have them.

I find it very difficult to judge.

No, I just don't want to predict

because so much depends on America.

A certain amount depends on China, I agree.

But if America is only going to be satisfied

with a complete sort of Chinese surrender,

I don't think that's gonna happen

and so you're going to have continuing conflict.

My guess is you're going to have conflict for quite awhile.

Now the question is whether it will be

kept within manageable proportions because

if it isn't, it's gonna damage the American

economy as much as it damages everyone else.

This is the problem, it's fine to say okay,

we'll be tough and we'll show America first.

But who gets damaged?

You're going to get damaged

and that doesn't always seem to register.

So we just have to see how it plays out.

Anybody else, young lady?

Ah, this gentleman.

- I'd like to hear a little bit more

about the issue of migration as a problem

because you talked about one solution is spending money to

prevent it by building up the underdeveloped countries.

Why do you see migration

now as a problem?

Where

like in the early 1900s in this country,

we benefited greatly and even before that

we had immigration from Asia to help us build our railways

and we've seen migration throughout the world.

India to East Africa and China

to

Southern Asia.

Why is migration a problem?

Especially in this country now where we need

unskilled labor in healthcare, in agriculture

and given the demographics here and especially in Europe,

why is Italy that desperately needs younger people

because of its demographics

so anti-migration?

- There are two things about migration.

You've put your finger on one thing which I didn't mention.

I'm sorry, it was in my talk but it was

one of the bits that didn't get said.

All countries need migration.

I say all countries, all developed countries.

America needs a lot of immigrants.

Europe, we see it with Brexit,

the National Health Service is going to collapse.

No one's gonna be there to pick the strawberries

and the fruit in the orchards.

It's complete lunacy.

So you do need immigrants and America could take many,

many more immigrants than it does at the moment.

I forget what the figures are

but Australia I think has

28% of immigrants,

in other words, in the population it's something like one

in four Australians was not born in Australia, they came in.

In America, it's very much lower and in Europe as well.

It could be much higher

and economically it would make a lot of sense.

There are,

there is a limit though.

Uncontrolled migration

is not good for any economy.

There is

a threshold which you

pass at your danger

and there is a psychological limit in terms of

what the population already there is prepared to accept.

So there's an economic limit and a psychological limit.

So it needs to be managed but

beyond

what that threshold is,

you do need to improve conditions.

Most of the people who are trying,

poor people who are trying to cross the Mediterranean

are very much unskilled, they,

if they came by legitimate channels,

and that's one of the things some of

the European countries are trying to do,

it would be easier but certainly in psychological terms,

most European populations because it's uncontrolled,

because they're trying to get in in an uncontrolled manner,

do not wish to accept them and that may be regrettable

but it's a fact which governments have to reckon with.

So yes to immigration, yes to migration

but within

limits which countries can accept

and beyond that limit, you have to try to make

conditions better and of course the great problem

is you can spend money in developing countries

and it won't actually change anything.

How do you make sure that what you do

is actually going to be effective?

It's very, very difficult.

So that is a huge challenge but it's not being met

and the climate change aspect of this,

that we are going to have within the next half century

probably quite large areas which will be

more or less uninhabitable,

that's going to ratchet up the pressure

and again for completely uncontrolled migration.

So governments have to face this, that's all I'm saying

and I think it's going to be huge problem.

Sir?

Oh, the young lady behind you actually wanted to talk too.

And you next if you can wait.

Right. - Thank you for your talk.

I was curious your thought on the US system

of having different states and state governments.

You talk about cleavages within Europe

between countries that are in the EU.

A lot of the discourse I've heard in the US

is actually saying we need, people who don't

agree with the way that national politics

are going are trying to work at the state or

local levels and I think the increasing polarization

in our country is to some extent geographically distributed.

Do you see a future America that's less united with itself?

- As long as you remain a,

the powers of the states yes, you're right quite.

You look at California for example

with some of the initiatives they have passed.

But nonetheless an awful lot is decided in Washington D.C.

and you have a totally polarized and dysfunctional

Congress and have had for really quite some time now.

Bipartisanship seems out of the window

and I was talking about the American press

at the beginning of my talk, again,

to stand back and try to be dispassionate,

these are not qualities which you see very much of

either on Fox News or even in the New York Times.

This is what is regrettable

that you are seeing so little real

analysis and thoughtful writing.

So yes, there are glimmers of hope in what may

be done in the local level and in the states and you come

to somewhere like Hanover and it's absolutely wonderful.

You're all very privileged,

you live in a very nice part of America

and I've been talking about things which

have struck me as admirable about American society

and I guess one thing I should've mentioned is trust.

The second or third day we came,

we went out to Centauro and it was a holiday,

public holiday, I can't remember which one.

The florist there, all the flowers were outside.

They're closed for the holiday but

they had flowers and trees and stuff

which they'd left outside.

You would never in a million years

see that in Europe because it would be stolen.

Your newspapers you throw onto the sidewalk.

Again, they'd be gone.

You have boxes with Amazon and FedEx

and anyone could take those boxes.

It's amazing, it's very sad this is not the case in Europe.

I've seen in Paris fashionable stores

with flowerboxes and the flowers are wired

into the flowerboxes so no one will steal them.

I'm not joking.

You know, these are qualities which

actually make life a lot more enjoyable

and pleasant and you have them and we don't.

I mean Europe is a lovely place to live,

don't get me wrong but you do have tremendous strengths.

So don't knock it.

You were going to ask a question.

- It's a variation on the question.

A variation on the last question and I apologize

because I arrived late, so you may have covered this but

the question of how

others see America.

Do others recognize the difference between

the two parties when they see America?

Because it's important.

If you recognize that one party is

a minority party that stays in power by

generating fear, opposition, et cetera, et cetera.

Maybe I'm getting too political here.

- Any Republicans in the room?

- I'm quoting Norman Ornstein, how's that?

So I'll make it a source but there is a difference

between the two parties and there is an internal

dynamic which is creating an America that

now in power is displaying itself in a certain way.

As opposed to in the past when they said

"There's no difference between politic parties in America."

- I was gonna make that point.

If you go back 30 years, 40 years,

yes I did think and many Europeans would have said

"Well Democrats, Republics, you're both kind of center."

And then you would talk about left

wing parties in America and we'd say

"You don't even know what a left wing party is."

There was a feeling certainly that you were

all much of a muchness between the Democrats

and the Republicans and that probably,

did it begin to stop with Nixon?

It's hard to know exactly when but Nixon, then Reagan,

Jimmy Carter perhaps, that general period,

there was sort of beginning to be a division

and now yes, absolutely, your Democrats and your Republicans

are quite different except

on foreign policy and defense matters where

there is this national consensus which has not been shifted.

NATO is good, America is there to

promote its values,

to lead.

For 70 years, that has really not changed

and it's not changed now.

We used to think you know okay,

Americans are absolutely convinced of their own correctness.

Fine, that's probably a good thing.

Even if some of their policies are completely loopy,

at least they have the courage of their convictions.

That I think, that argument doesn't really hold anymore

after the last 20 years or so.

- [Man] Good afternoon, thank you for your comments

which I'd say I overwhelmingly agree with.

That said,

I'm married to the woman who lived in the UK for 20 years

and I spent my professional career

as a US lawyer in London, so explaining US law

to Europeans. - That's quite a task.

- [Man] Or I should say to British Europeans

or maybe I should say to English people,

Scottish people and Northern Ireland,

Irish people and Europeans.

A couple of points.

First,

I'd like to recharacterize a portion of what you said

as not calling into question American exceptionalism

but as calling into question American hubris

and I think in my own way of thinking

about these things that there is a difference.

That there are values that we as Americans stand for

that are absolute in their character,

that are virtuous,

that we all too often don't live up to

but still make us

as a society

exceptional in historical terms.

That's the simple way I would explain that to my children

and they're tired of me explaining it to them

but they're in their 30s, so they've gone off.

America is a country

where a person comes and says they're an American

and there are a few other places

like that but very, very few.

That's my first, I think there is virtue

in some of our beliefs of liberty and equality.

That's the first point I want to take a slight issue with.

The second, and this maybe brings me back into

the hubris point, I speak by virtue of my profession,

I spent a great deal of time

responding to the assertion of extraterritorialism

and why do you get to assert it?

And I think the answer there is quite simple,

because we can.

- Yes.

- [Man] And that carries with it a responsibility

but it also carries with it a matter of fact.

To put it in concrete terms, when I first

came to Europe in 1991, you could not raise

$100 million to finance whatever you wanted to finance,

a road, a building, a business without coming

to the United States, it could not be done.

Now $100 million is not a lot of money anymore

in the overall world of finance but at the time it was.

We asserted US law requirements on people

seeking to come to the United States and raise money.

The fallout of that was that

speaking purely in technical terms,

the financial

market systems in Europe became

substantially more robust and self-supporting.

- Right, let me take your two points.

- [Man] So those are just two different points--

- Right.

- [Man] Can I just finish on the extraterritorialism?

There is, as Kissinger said there is,

countries don't have friends, they have interests.

The notion that America asserts its interests

shouldn't be a surprise to anyone.

- It's a question of whether it's short

term interests or whether it's long term interests

and one can argue really quite forcefully

that very often it's short term interests.

Let me before I forget all your points,

absolutely on your second, you do it because you can.

Great powers use their power to advance their interests.

Completely agree.

Whether, there is the question of definition of interests.

Up to now, most of the time more or less I would agree that

you have used your clout in ways

that have advanced American interests.

I think this is going to become more difficult for you.

The second point or rather your first point

but the one I haven't addressed yet is about hubris and

exceptionalism and there I'm afraid I have to disagree.

I think they are two different things.

Hubris kind of compounds exceptionalism

but exceptionalism is a problem

and you can continue to, you talk about

immigration, you come to America, you become an American.

That has always been the case.

A bit hard to argue that in the age of Trump.

Actually when you close the border,

when you ban people coming in,

even this wretched mother who was

coming to look at her dying toddler,

I mean it's applied very hopelessly

but even if it were better applied,

the desire to keep others out, that's a big change.

Except the problem with exceptionalism

and it's in the words themselves,

if you go on thinking you're exceptional,

then you are gonna, it's like the kid

in the group of kids on the playground.

If you all play together, you're all mates

together and you all get on and someone is

on top and someone's underneath and then it

changes around and it's another person on top,

you're all in the same group.

If someone says "I'm exceptional,"

you're not in the same group and that,

you've been able to do this because of your power

and because other countries acquiesced.

They were happy with it, it was comfortable.

I believe that is ending

and that you, there is a psychological transition,

that's what I can call it which will accompany

the kind of real world economic transitions,

geopolitical transitions that Americans

are gonna have to go through and I think

that's going to be terribly, terribly difficult.

You know?

You don't give up something you're really

attached to and you are attached to exceptionalism

without a lot of pain and struggle and strife.

So that's all,

I'm afraid.

Anybody else?

- We maybe have a few more minutes but any other questions?

- We've exhausted you. - Well,

thank you very much for coming, it was absolutely wonderful.

(audience applauds)

- Thank you very much.

For more infomation >> Philip Short - As Others See Us: America in the Age of Trump - Duration: 1:19:47.

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Battle for border wall goes on between Catholic Church, US government - Duration: 2:00.

For more infomation >> Battle for border wall goes on between Catholic Church, US government - Duration: 2:00.

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How to think about the United States dollar 22 trillion debt - Duration: 3:29.

How to think about the United States dollar 22 trillion debt

Thats bigger than the entire economic output of the United States in a year. Is it time to panic?

No. But it may be time to worry a bit about the direction the debt is heading.

What is debt?

The first thing to know is that dollar 22 trillion is a misleading number, because it includes: The money the federal government owes to itself, and the money the federal government owes to everybody else.

The former, known as intragovernmental debt, is mostly what the Treasury owes to trust funds like Social Security. Thats important, but not as important as debt held by the public, which is what can impact the economy by fueling inflation or crowding out private investment.

Right now, debt held by the public stands at dollar 16.2 trillion. Even if you measure it as a share of the economy, thats a lot of money: Its about 76 percent of gross domestic product, which is very high by historical standards. It ballooned in the wake of the Great Recession, when the federal government spent liberally to save the economy from total collapse, and hasnt been paid down much since.

Another important note: The debt is different from the deficit, or the difference between what the federal government spends and what it collects in revenue each year. The debt represents the accumulation of deficits over time.

Deficits have been rising over the past several years, and — the , when the country was still emerging from a deep recession, in part because of tax cuts that sharply reduced government income.

Is debt bad?

Not necessarily. It depends on what youre using it for.

The problem with debt is that servicing it costs money. The US paid dollar 325 billion in net interest in 2018, , which forecasts that number to jump to dollar 383 billion in 2019 and dollar 928 billion in 2029 under current law.

As a percentage of gross domestic product, that will approach levels not seen since the 1980s, when interest rates — the cost per unit of debt — were spiraling out of control. Interest rates are rising slowly now, as the Federal Reserve tapers off a period of near zero rates. But they remain low.

Its also unusual at a time when the economy is in very good shape, raising the question of what happens when the government has to spend its way out of the next recession.

"If we go through a business cycle and were starting at this level, then the business cycle would lead to very large deficits," said CBO director Keith Hall at a with reporters last month. "I think thats a concern as a risk going forward."

However, it still could be worth it to rack up debt and pay a lot in interest, if what the government is spending money on generates a larger economic return than the cost of credit.

A shift in the economic winds

In recent months, economists have been taking another look at their longstanding consensus that high debt levels are unequivocally bad for economic growth — a view that led to austerity budgets in both the United States and Europe following the Great Recession, which may have slowed the recovery.

Voices on the left that governments can spend as much as they want in their own currency and control inflation through taxation. That philosophy is known as "modern monetary theory," and it has been used to explain how large spending programs such as student debt relief or the Green New Deal might be funded.

Most economists dont go that far. But they have been cautioning over high debt levels that get out of hand.

A few weeks ago, former Obama administration economic policy officials Larry Summers and Jason Furman that high deficits should not be used as an excuse to cut social programs like Medicare and Social Security, and that the federal government should instead find ways to recover revenues lost to generations of tax cuts.

And at the American Economics Associations conference in January, former International Monetary Fund chief economist Olivier Blanchard delivered a theorizing that debt might not be a problem as long as interest rates are reasonably low — as they have been for decades now — and government is using the money on projects that boost productivity, such as education and infrastructure.

"Both the fiscal and welfare costs of debt may then be small, smaller than is generally taken as given in current policy discussions," Blanchard wrote in a describing the argument.

For more infomation >> How to think about the United States dollar 22 trillion debt - Duration: 3:29.

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How to think about the United States dollar 22 trillion debt - Duration: 3:31.

How to think about the United States dollar 22 trillion debt

Thats bigger than the entire economic output of the United States in a year. Is it time to panic?

No. But it may be time to worry a bit about the direction the debt is heading.

What is debt?

The first thing to know is that dollar 22 trillion is a misleading number, because it includes: The money the federal government owes to itself, and the money the federal government owes to everybody else.

The former, known as intragovernmental debt, is mostly what the Treasury owes to trust funds like Social Security. Thats important, but not as important as debt held by the public, which is what can impact the economy by fueling inflation or crowding out private investment.

Right now, debt held by the public stands at dollar 16.2 trillion. Even if you measure it as a share of the economy, thats a lot of money: Its about 76 percent of gross domestic product, which is very high by historical standards. It ballooned in the wake of the Great Recession, when the federal government spent liberally to save the economy from total collapse, and hasnt been paid down much since.

Another important note: The debt is different from the deficit, or the difference between what the federal government spends and what it collects in revenue each year. The debt represents the accumulation of deficits over time.

Deficits have been rising over the past several years, and — the , when the country was still emerging from a deep recession, in part because of tax cuts that sharply reduced government income.

Is debt bad?

Not necessarily. It depends on what youre using it for.

The problem with debt is that servicing it costs money. The US paid dollar 325 billion in net interest in 2018, , which forecasts that number to jump to dollar 383 billion in 2019 and dollar 928 billion in 2029 under current law.

As a percentage of gross domestic product, that will approach levels not seen since the 1980s, when interest rates — the cost per unit of debt — were spiraling out of control. Interest rates are rising slowly now, as the Federal Reserve tapers off a period of near zero rates. But they remain low.

Its also unusual at a time when the economy is in very good shape, raising the question of what happens when the government has to spend its way out of the next recession.

"If we go through a business cycle and were starting at this level, then the business cycle would lead to very large deficits," said CBO director Keith Hall at a with reporters last month. "I think thats a concern as a risk going forward."

However, it still could be worth it to rack up debt and pay a lot in interest, if what the government is spending money on generates a larger economic return than the cost of credit.

A shift in the economic winds

In recent months, economists have been taking another look at their longstanding consensus that high debt levels are unequivocally bad for economic growth — a view that led to austerity budgets in both the United States and Europe following the Great Recession, which may have slowed the recovery.

Voices on the left that governments can spend as much as they want in their own currency and control inflation through taxation. That philosophy is known as "modern monetary theory," and it has been used to explain how large spending programs such as student debt relief or the Green New Deal might be funded.

Most economists dont go that far. But they have been cautioning over high debt levels that get out of hand.

A few weeks ago, former Obama administration economic policy officials Larry Summers and Jason Furman that high deficits should not be used as an excuse to cut social programs like Medicare and Social Security, and that the federal government should instead find ways to recover revenues lost to generations of tax cuts.

And at the American Economics Associations conference in January, former International Monetary Fund chief economist Olivier Blanchard delivered a theorizing that debt might not be a problem as long as interest rates are reasonably low — as they have been for decades now — and government is using the money on projects that boost productivity, such as education and infrastructure.

"Both the fiscal and welfare costs of debt may then be small, smaller than is generally taken as given in current policy discussions," Blanchard wrote in a describing the argument.

For more infomation >> How to think about the United States dollar 22 trillion debt - Duration: 3:31.

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U.S. sanctions 9 Iranians, 2 entities for 'Covert Malicious' actions - Duration: 1:42.

the United States has imposed new sanctions on nine Iranian citizens and

two entities that it says are engaged in malicious covert actions against

Americans for more on this story in other news from around the world let's

turn to our know Adam so Adam tell us more well Martha sanctions were

announced by Treasury Secretary Stephen minuchin on Wednesday the target

identities include the new horizon organization which the Treasury

Department says hosts international conferences aimed at recruiting and

collecting intelligence from foreign attendees the other is the net pay guard

Sanna vet company they are both accused of helping Tehran spy on Americans both

at home and abroad through cyber attacks and other covert operations nine

individuals linked to the organizations were also sanctioned u.s. prosecutors

have also charged a former US Air Force officer who had high-level security

clearance with collaborating with Iran's military to spy on her former American

colleagues Monica Alfred Witte defected to Iran six years ago and his thoughts

have supplied classified information about u.s. spy techniques and the people

who took part in them to the Iranian government she was reported to have been

recruited for the operation after attending two conferences in Iran

organized by a new horizon Washington says net pay guard used that information

supplied by wit to launch a cyber campaign in 2014 that tracked the

activities of her former colleagues wit remains at large Dan was last seen in

Southwest Asia in July 2013

For more infomation >> U.S. sanctions 9 Iranians, 2 entities for 'Covert Malicious' actions - Duration: 1:42.

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Trump got SEVEN POINT bump in his approval rating after State of the Union and reopening government - Duration: 4:48.

President Donald Trump's approval rating in a famed national poll surged 7 percentage points in the week following the end of the recent partial government shutdown

And Americans are growing more and more optimistic about the nation's economic future, a fact that the president crowed about Wednesday on Twitter

The Gallup Organization, which publishes monthly updates on the public's view of Trump's job performance, said Wednesday that he leaped from 37 to 44 per cent approval between early January and early February

The president hit 52 per cent approval on Monday in a poll from Rasmussen Reports, the only organization that continues to track Trump's ratings every weekday

Gallup's polling sample includes 1,500 Americans.Rasmussen's survey limits participation to 1,500 people who say they are likely to vote in the 2020 election

The latest numbers suggest that Americans were quick to forgive Trump for his part in causing the 35-day-long shutdown, sparked by a squabble over funding for an expansion of the wall on the U

S.-Mexico border.Members of Congress on both sides of the aisle are stalled at 21 per cent approval in Gallup's poll, less than half of Trump's number, as they suit up for battle this week in a potential shutdown sequel

'The recent political brinksmanship harmed Trump's ratings when he eagerly used the government shutdown as a strategy to force funding for a border wall,' Gallup said Wednesday in a press release

'At that time, Trump's approval rating fell, while Congress' already low rating held steady

' 'But by reopening the government – something widely seen as evidence of failure – Trump may have won praise from the public, something both sides should bear in mind as they negotiate to avoid a repeat shutdown

' Optimism about America's economic future rebounded this month, with 54 per cent of people saying conditions are improving

That number had tumbled to 44 per cent in January, down from 57 per cent two months earlier

And 69 per cent say it's a good time to find a 'quality' job in America.Trump conflated those two numbers, tweeting that 69 per cent told Gallup they expect their own economic conditions to improve

Gallup has historically put Trump's approval rating lower than many other polls.Wednesday's number was just 1 percentage point short of the president's high water mark since taking office

'Trump's overall approval rating, which had slumped to 37 percent amid the shutdown, hasn't been this high since October, after his nominee Brett Kavanaugh was sworn in as a Supreme Court justice,' Gallup added

'His current approval is just one percentage point shy of his personal best, achieved twice in his presidency -- in the first week of his term and in June 2018, after his meeting with North Korea's leader Kim Jong Un

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