good evening. i m mehdi hasan. joe biden has been spending the weekend at home in delaware before he heads out on the road this week to sell the $1.9 trillion american rescue plan. he has a lot to work with. it is difficult to overstate what a big win this piece of legislation is for the president. it s the second biggest economic stimulus in american history, giving cash direct to the poorest americans. and if you want to know how much our politics has changed, here is the great irony. the joe biden of the 1980s and 1990s would probably have voted against it. don t take my word for it. take his, from 1984. what happens if every tax dollar that we pay, 50 to 60% of it is just going to pay the interest on the debt? he will be paying for what we lived on. we should be investing to allow him to be able to live on something. here he is in 1988, decrying, quote, stories of welfare mothers driving luxury cars and leading lifestyles that mirror the rich and famous. biden s words
I am stephen sackur. The western world, for so long the dominant force in Global Politics and economics, is confused and uncertain. In the past week, elections in the uk and france have pointed to fractures in europe. Donald trumps worldview and Angela Merkels are poles apart. The Western Consensus on Liberal Economics and globalisation is no more. My guest is stephen king, influential economist, writer, and Chief Economist to hsbc bank. Is Globalisation Stuck in reverse gear . Stephen king, welcome to hardtalk. Thank you very much. Given the dramatic nature of events in the uk, we have to start with britain, and then move our perspective to the world as a whole. But the uk. We have just seen an election that has brought about a Hung Parliament and a sense that nobody knows really what the government theresa may forms will actually do about brexit and a whole host of other challenges. Do you feel a deep sense of incoherence and uncertainty in britain . There is. Because the vote brexit
I am stephen sackur. The western world, for so long the dominant force in Global Politics and economics, is confused and uncertain. In the past week, elections in the uk and france have pointed to fractures in europe. Donald trumps worldview and Angela Merkels are poles apart. The Western Consensus on Liberal Economics and globalisation is no more. My guest is stephen king, influential economist, writer, and Chief Economist to hsbc bank. Is Globalisation Stuck in reverse gear . Stephen king, welcome to hardtalk. Thank you very much. Given the dramatic nature of events in the uk, we have to start with britain, and then move our perspective to the world as a whole. But the uk. We have just seen an election that has brought about a Hung Parliament and a sense that nobody knows really what the government theresa may forms will actually do about brexit and a whole host of other challenges. Do you feel a deep sense of incoherence and uncertainty in britain . There is. Because the vote brexit
I am stephen sackur. The western world, for so long the dominant force in Global Politics and economics, is confused and uncertain. In the past week, elections in the uk and france have pointed to fractures in europe. Donald trumps worldview and Angela Merkels are poles apart. The Western Consensus on Liberal Economics and globalisation is no more. My guest is stephen king, influential economist, writer, and Chief Economist to hsbc bank. Is Globalisation Stuck in reverse gear . Stephen king, welcome to hardtalk. Thank you very much. Given the dramatic nature of events in the uk, we have to start with britain, and then move our perspective to the world as a whole. But the uk. We have just seen an election that has brought about a Hung Parliament and a sense that nobody knows really what the government theresa may forms will actually do about brexit and a whole host of other challenges. Do you feel a deep sense of incoherence and uncertainty in britain . There is. Because the vote brexit
Im stephen sackur. The western world, for so long the dominant force in Global Politics and economics, is confused and uncertain. In the past week, elections in the uk and france have pointed to fractures in europe. Donald trumps world view and Angela Merkels are poles apart. The Western Consensus on liberal economics and globalisation is no more. My guest is stephen king, influential economist, writer, and Chief Economist to hsbc bank. Writer, and former Chief Economist to hsbc bank. Is Globalisation Stuck in reverse gear . Stephen king, welcome to hardtalk. Thank you very much. I think given the dramatic nature of recent political events in the uk, we have to start with britain, and then move our perspective to the world as a whole. But uk we have just seen an election that has brought about a Hung Parliament and a sense that nobody knows really what the government theresa may forms will actually do about brexit and a whole host of other challenges. Do you feel a deep sense of incohe