for all of this, let me bring in "the new york times" columnist tom friedman. tom, welcome.rst thing i want to ask you is, we often don't think a lot about what a countermove of the other side will be. so we've been waging this unprecedented war against vladamir putin. how do you think putin is thinking about it, and what is his most likely response, though we're low pressure seeing some of them. >> well, fareed, putin's most likely response we've already seen, which is to i think, blow up that pipeline out of russia that was providing natural gas for europe. in combination with our own ban on imports from russian oil. we're going to create a situation here where a lot of european countries are going to have a very cold and uncomfortable winter. and gas and oil prices around the world will be extremely high. and i think that's basically putin's hail mary, fareed, where he's going to throw as many troops into ukraine to hold the ground, hope that oil prices spike as high as possible in the winter, force people around the world to choose between heating and eating, and create

today on the program, i'll talk to "new york times" columnist tom friedman who points out not only is the united states involved in the largest war in europe since world war ii, but america has also entered a sort of tech war with china. and an energy struggle with saudi arabia. what in the world is going on? and china's leaders, more than 2,000 of them, are gathering this week to make major decisions about the country's decision for the next five years and beyond. on the agenda, an unprecedented third term in office for xi jinping. what else will be decided? i will talk to the former prime minister of australia. >>> then -- stop the steal maybe headed south of the border, as latin america's largest democracy seems to be taking cues from its neighbor up north. >> you don't concede when there's theft involved. >> we'll tell you about the controversy with brazil's presidential election. but first here's my take. a distinguished russia expert has argued that the west's confrontation with russia over ukraine has already brought us into world war iii. that is dangerous hyperbole. what made

in china was literally praised by many on the left un climate chief christina forget including tom friedman, the new york saying that they could impose what's necessary in a country without the messiness and hassle of democracy just in. trudeau actually has said that this is a a basic great admiration for his basic dictatorship, especially when it comes to. like climate. so obama moved us in that direction. then, of course, trump came and blew up their whole agenda. but biden came in. and the reason biden was able to do there was a green new deal was introduced in congress never scheduled for a vote, no hearings, no town halls, no constituent meetings, nothing. why is that? well, everything in the whole climate debate in march 2020, which is where the great reset book comes in and i have a whole chapter devoted to that in this book, basically foreshadowing this book saying this has changed the whole climate debate, no longer dealing with anyone talking about, you know, we had to get this legislation passed and let's get lobbyists on this and get it hearings. and we had none of. it matters.

george cannon and 1997, and interview with tom friedman said that the expansion of nato is going to leadin a negative direction. i don't think he could have foreseen the war of 2022. we can go back and talk about 2014 and 2015. >> look at that next >> this is to be a little bit more pointed than the great steve kotlin and terms of that analysis. to blame nato expansion for the russian invasion of february, 2022 is really ludicrous. the nature of the invasion, the motivations at best joining nato is a very different prospect in 2022. if it's if it was even a real prospect before the war. maybe will become a prospect because of the war. before the war, it was not a real prospect. so, to put nato in a causal sense at the beginning of that story is just off the mark. >> nato expansion may or may not have been a good idea. you're arguing it cannot be blame for that. >> correct. >> there is an argument to be made for that based on putin himself, his view of history. as mr. kotlin explained, as others have explained, it goes back to this ultra nationalist, he does not want to bring back the sov

i mean george canon in 1997 and interview with tom friedman. said that the expansion of nato was going to lead in a negative direction. i don't think he could have foreseen the the war of 2022. of course we can go back and talk about 2014 and 2015. i do next we'll get to that. i think it's you know, and this is to be a little bit more pointed than then the great steve kotkin in terms of that analysis. to blame nato expansion for the in russian invasion of february 2022 is really ludicrous the nature of the invasion the motivations, you know at best joining. nato is a very distant prospect in 2022 if it's even if it was even a real prospect before the war, maybe it will become a prospect because of the war but before the war it wasn't a real prospect so to put nato in any causal sense at the beginning of that story is just it's just off the mark. nato expansion may or may not have been a good idea, but you're arguing and cannot be blamed for that. i mean there is a there is an argument to be made for that based on putin himself his view of histo

oh, it's about it's something like the olive tree tom friedman in the 1990s. he writes for the new york times. he wrote a book where he posited that no two countries that both had mcdonald's had other gone to war with each other. at the time he wrote it he was wrong the us had like invaded panama. both of those had mcdonald's. but since the 1990s through the 1990s into the 2000s. there's been more and more evidence of like oh. liberal economics and liberal democracy doesn't mean that there won't be conflict. but at the time there was this like widespread shared idea that there was so i want to talk about the legacy and then i want to move on to the the response of the left. to just really kind of so i and this is going to to spend such thing about i've heard of it, but i don't have if you had a gun to my head. so i just was like, where is the end of history in the evergreen library catalog? i was just legitimately looking for the book to see if we had an ebook of it. but then i was like this is really fascinating. so just pay some attention to the topics that

the once free west has lusted this chinese party rule next, this is tom friedman. one party autocracy is currently has its drawbacks and it goes on and he's in he talks literally about the party can just impose the politically but critically important policies needed to move a society forward. he is praising one party its authoritarian in china on the pages of new york times next u.n. climate chief lamented u.s. democracy. it's very to global warming. the xi lauded one party rule china for doing it right climate. so they lusted after what china did covid literally gave them the next justin trudeau. a level of admiration i have for china because their basic dictatorship is them to actually turn their economy around on a dime. this the once free western leaders praising china. so i'm just laying groundwork here. next, the permanent state of affairs and the book i quote, german economic visit the lockdown have brought a foretaste of what is to come a permanent state of fear, strict behavioral control, massive lobster jobs, growing dependance on the state so when you'r

tom: there was a guy named bernanke who emailed you when you are a kid and did you want to try princeton. what did he and anna schwartz and milton friedmanwe didn't repeat a depression? jean: i think the key lesson of the great depression that schwartz and friedman from an anecdotal view that if you tighten monetary policy as the economy is going down, you create this financial accelerator dynamic. tom: is that what we are doing right now? jean: i think that was very much in his mind. it was interesting in the speech he gave in 2002, he said we heard you and we won't do it again. he was a governor but became chairman afterwards. this time, i don't think this is the playbook for the current situation. this is not a demand driven financial crisis, bank run story. this is a massive supply shock we are dealing through. i am not sure those lessons apply. jonathan: fantastic to have you with us in the studio. we are still trying to unwind the policies from the bernanke years. the ecb came out and had to come up with a new tool, cpi and the bank of england had to step in and the boj had to intervene. south korea earlier this week had to do some

nasdaq ceo adena friedman, plus scott kirby of united airlines and a little while later white house coordinator for international energy affairs amos hochstein. plus, we'll talk with tomnings and revenue both beat estimates adding also back to additions of 2.41 million net global subscribers. up more than double the ads the company had projected a quarter ago when it had a couple of declines netflix detailed its plans to begin cracking down on password sharing next year. here's reed hastings talking about the future of netflix. >> for me, it's the overall direction of, you know, what we're doing. that there's kind of clear context for everyone if we execute down this particular path well, then we're going to win so that's a very exciting and we're on target for that >> prompting jp morgan to upgrade the stock to overweight. been a great call under 200. but has a $330 price target, jp morgan does. up $32 today almost 14% united airlines staging a premarket rally after reporting better than expected results and issuing a beat earnings for a current quarter. the ceo scott kirby is going to be joining us later in the program to discuss that quarter. and the biden administ