Lee: We've All Underestimated Cost of Globalization

The video discusses a rare interview with UK Prime Minister Theresa May, focusing on Brexit's challenges and the need for the UK to redefine its global role. It highlights global political uncertainty, linking it to the 2008 financial crisis and voter dissatisfaction. The discussion shifts to Donald Trump's economic policies, emphasizing the costs of globalization and the importance of negotiating with China to boost US employment.

What was Theresa May's main concern regarding Brexit?

• The economic implications

• The need for a new global role for Britain

• The impact on foreign policy

• The potential for a trade war

What does Timothy O'Brien suggest about the current global political climate?

• It is stable and predictable

• It is solely affected by Brexit

• It is unaffected by voter sentiment

• It is influenced by the 2008 financial crisis

How does Donald Trump fit into the current political moment, according to the discussion?

• He is an experienced administrator

• He is a messenger without a specific plan

• He is focused solely on foreign policy

• He has a clear and detailed program

What is one of the perceived benefits of Trump's presidency for the markets?

• A guaranteed trade war with China

• A focus on reducing globalization

• Increased foreign policy uncertainty

• Opening up internal markets in China

What was a key focus of Trump's election campaign related to the economy?

• Increasing military spending

• Cutting taxes for the wealthy

• Reducing foreign aid

• Creating jobs and employment