Jason Pack and Arthur Snell discuss the Iran war, U.S. midterms, bond markets, and climate change implications.
This week Jason is joined by old friend and former Disorder co-host Arthur Snell, former British diplomat, host of Behind the Lines, and author of Elemental: The New Geography of Climate Change and How We Survive It. Jason and Arthur start with the seemingly never-ending Iran war. Has Trump’s threatened “economic D-Day” achieved anything? Has it really even been implemented? Jason argues that Iran could become America’s Suez moment: not another Vietnam, but an debacle exposing the limits of American power and its inability to Order the world without its allies. They then turn to the U.S. midterms, whether the Democrats can retake Congress, and their continuing failure to articulate a coherent national message. And behind both American and British politics lurks another constraint: the bond market. With rising borrowing costs limiting what governments can actually do, could markets and independent institutions provide some of the feedback loops that politics increasingly lacks? Next up is Andy Burnham’s back-to-school moment. Can he rebuild Britain’s relationship with Europe, stand up to Trump and make better use of Britain’s considerable geopolitical leverage? Jason proposes an…
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