david: we are fortunate to have john micklethwait here. poor man's substitute for theresa may. david: theresa may included financial services as part of the trade agreement in her letter. what are the chances of her getting that done? john: we are stuck in this thing where the british, the may government made this big mistake where they came in and began to speak about financial services didn't matter, this is all about carte blanche and things like that and they simply turned that back on financial services. they weren't going to do any of the things that people want it. they gave it away at the beginning. suddenly, right around that davos interview, she began to change because she realized how important financial services are to the british economy. this is crucially part of the british economy. suddenly, they are trying to get something through, but in some ways, it is too late. that is partly may's fault. very logical case for europe having one financial center. everyone's borrowing costs will be much lower. every european politician i

we talk to john micklethwait, nicholas wapshott, charles kupchan and david rennie. >> when you take brexit and put it what is happening here, it really does put into historical relief the possibility that the last 200 year period of history that we've been living in could be coming to an end. because packs britannica, yeah, there were empires but there was rule of law, theres with a ruled-base international system, political right, civil rights and that kind of morphed over world war ii into what today is packs americana. the brits are stepping out. we now have in the white house someone that is not sure that he buys in in this rules-based international system and that raises very serious questions about if the architects of the west are both now having indigestion about the world that they built, who is going to defend it. >> rose: also this evening we talk to alyssa mastromonaco, a former key aide to president obama who has written a book called without thought this was a good idea and other questions you should have answers to when you work at the white house. >> i wrote the book becaus

we talk to john micklethwait, nicholas wapshott, charles kupchan and david rennie. >> when you take brexit and put it what is happening here, it really does put into historical relief the possibility that the last 200 year period of history that we've been living in could be coming to an end. because packs britannica, yeah, there were empires but there was rule of law, theres with a ruled-base international system, political right, civil rights and that kind of morphed over world war ii into what today is packs americana. the brits are stepping out. we now have in the white house someone that is not sure that he buys in in this rules-based international system and that raises very serious questio

as it looks to separate from the european union, we are joined by john micklethwait. what does this do, if anything, to the brexit negotiations? >> i don't think it does much. most people don't see that as part of the battleground. main argument with the european union has to do with economy, trade and so on. on the security side, you talk to people in the defense establishment in britain and france and they are adamant that is useful to have lots of cooperation. you would not expect anything. the only issues around the corner is somewhere you begin to touch immigration but this guy was born in britain so there is no obvious way into the argument but there will be groups of politicians without as many principles that may be looking to see what there is. julie: when you look at the intelligence agencies around europe including the u.k., are there some seen as stronger than others? ones are thein british and the french. had aitish have always special relationship with the americans. that has always been a key element. even if you look at the bad side of it, the things t