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The John Batchelor Show

#StateThinking: Washington and the defense of NATO. @MaryKissel Former Senior Adviser to the Secretary of State. Executive VP Stephens Inc.

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 28 February 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary


#StateThinking: Washington and the defense of NATO. @MaryKissel Former Senior Adviser to the Secretary of State. Executive VP Stephens Inc.
https://www.bloomberg.com/news/articles/2024-02-26/eu-s-new-defense-plan-aims-to-boost-european-military-purchases?srnd=phoenix-europe&sref=5g4GmFHo

1920 OPENING OF CONGRESS

Transcript

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0:00.0

This is a CBSI and the world. I'm John Bachelor. Bloomberg headline,

0:09.0

positive. World economy has growing chance of soft landing, G20 says.

0:15.0

G20 are the 20 largest economies, the US leads of course,

0:20.0

and the meeting of the finance ministers in Sao Paulo promises better days ahead, we believe.

0:27.0

We note that the likelihood said the draft of a soft lending and the global economy has increased.

0:34.0

Risks to the global economic outlook are more balanced.

0:37.0

Upside risks include faster than expected dis-inflation.

0:42.0

I welcome Mary Kessel, Executive Vice President Stevens Incorporated,

0:46.4

former senior advisor to the Secretary of State, and before that many years observing

0:51.7

China in Hong Kong for the Wall Street Journal

0:53.7

editorial page. Mary I begin with prosperity or the promise of such because we

0:59.5

know the best tool that the US has and its allies against the axis of resistance is that

1:07.1

our economies are beautiful, transparent, ambitious, and at the same time free.

1:15.7

And that is a great recommendation.

1:17.4

We've gone through a bad patch of the pandemic.

1:19.9

We're in some stage of recovery that we can argue about percentages.

1:23.2

But in any event I start with the G20 finance ministers in Sao Paulo because I think that's

1:28.8

the best single advertisement to the part of the world that wants prosperity. Do you agree with me, Mary? Good evening to you.

1:36.0

Good evening to you, John. Of course we should all want robust sustainable, healthy, economic growth because it's the key to human flourishing.

1:45.8

And it's been the secret to the United States' post-World War II success, this incredibly competitive capitalist system that we enjoy, underpinned by a strong

1:58.5

predictable rule of law, property rights, and a free press which allows an outside monitoring of boards of

2:08.8

directors and CEOs and and the like it's also very easy in the United States to go bankrupt and to start over again.

...

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