Professor Tooze on Fallout of 2008 Global Financial Crisis

The transcript discusses the global financial crisis's impact on different regions, highlighting Europe's prolonged struggles, Asia's stimulus measures, and the US's ambiguous recovery. It examines policy mistakes, political reactions, and the rise of populism. The US-China relationship and geopolitical shifts are also explored, emphasizing the dominance of the dollar and the challenges of multilateralism.

What are the implications of the GOP's internal fractures for U.S. economic governance as mentioned in the text?

How does the text describe the relationship between geopolitics and economics in the current global context?

What potential future scenarios for Europe are suggested in the text in response to the challenges posed by the U.S.?