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David Rothkopf
And then Trump showed up today in Davos and he gave a speech was so offensive to the crowd. Europe does not trust us anymore. Europe does not trust the US and NATO. Americans need to remember Europe's the same size as us as an economy. But also Europe has the ability to focus on China, to focus on others in the world in a way that really changes the equation for the United States. So it was a fiasco. It was a mess. Trump was embarrassing. Trump was offensive. Trump was a bore. Trump was an idiot.
Joanna Coles
I'm Joanna Coles, this is the Daily Beast podcast, and what on earth is happening amid the boiling vats of fondue in that tiny little town in Switzerland where I have never been, the president descended somewhat gingerly from Air Force One and delivered a humdinger of a speech where he was basically equal opportunity, insulting everybody he could think of. Who knows if anybody wrote that speech or if it was just one of his weaves, but we have David Rothkopf here to dissect it and debrief on it for us. Who better? David was the editor of Foreign Policy Magazine. He worked for the Commerce Department. So let's get into it. David Rothkopf, what are we doing here in the States? We should be in Davos eating bubbling cauldrons of fondue.
David Rothkopf
Okay, first of all, fondue sucks. And, And, And I used to host a fondue dinner in Davos every year.
Joanna Coles
You did?
David Rothkopf
And every. Every year. And I was at. There's this one little shop there that's a restaurant. That's the big Davos restaurant, the big place to go. And I would get the back room and I would host this dinner there. And every year I thought, fondue is terrible.
Joanna Coles
I love fondue. David, before we get into the meat and potatoes of Trump's speech, and then, of course, the Gavin Newsom of it all and the new campaigning ground, I want you to set a little bit of the scene for us of Davos, because I know you were the ultimate Davos man at one point. You were there for the State Department. I'm assuming you were there when you were the editor of Foreign Policy magazine. So I, And I've never been. I'm always. I would be terrified of slipping and breaking something on the snow, but I need more details about what it's actually like.
David Rothkopf
Well, first of all, I never worked for the State Department. I worked for the Commerce Department.
Joanna Coles
I always get that wrong. I always get that wrong. Why do I do that? Because I think of you as.
David Rothkopf
You know, I was there when I was managing director of Kissinger Associates. I was there with Foreign Policy. I was there for many, many, many years. And, you know, the way it was described, you know, as this sort of mountain retreat where people would get together and hobnob and do deals is a little misleading. In fact, I remember once talking to Eric Schmidt, who was, you know, the founding CEO of Google, and he said, you know, every time I come to Davos, I'm pretty sure that somewhere in some hotels, some big deal is being done, but it's never where I am.
Joanna Coles
So fomo. Full of fomo.
David Rothkopf
It's full of fomo, but it's a lot of strutting your stuff. I remember going down the stairs at Davos and watching people look at your badge to see whether you were important enough. And I turned to, somebody happened to be next to me who was a finance minister from another country. I said, now I know what Dolly Parton feels like, because, no, nobody looks me in the eye. Everybody looks you in the chest.
Joanna Coles
Well, I think, isn't it full of high price escorts? I mean, someone once told me that all the Escorts from Europe just hone in on.
David Rothkopf
There were always a lot of kind of Russian and East European escorts there. But that was, you know, that was a demimond on a demimond. Let's. Let's focus that, you know, all these people, you know, are there in the hopes of doing a deal, being seen, wanting to be perceived as being somebody who's in on the action. But the reality is there was never really that much action going on there. And it's had a couple of bad years. Now, there was a story in the Wall Street Journal this week which said, davos is back because Trump is back. And I don't know who planted that story, Stephen Cheung or one of these folks. Well, good for them. But the reality is people showed up at Davos this year because they are terrified of Trump. They are terrified what he's doing to markets, to their businesses, to the transatlantic relationship. And, you know, as it turned out, they had every reason to be terrified. But my final point about Davos is this. It's cold and unpleasant. You are absolutely right. They don't shovel the sidewalks because people who live in Davos go with their skis or their sleds, and they like to pull them along on the sidewalk. So everything is covered with ice and snow. And on a regular basis, you see bankers and government ministers fly up into the air and land on the pavement, flopping around like seals about to be clubbed, because it's just a really unpleasant place to be. Now, there's a story in the paper today saying it's also too small. Traffic jams, too much security. And so they're thinking of moving it. And they listed two places, Dubai, which I kind of understand that almost makes some sense. Or Detroit, which makes no sense.
Joanna Coles
Well, also cold and much easier for the Americans.
David Rothkopf
Well, easier for the Americans. But Davos was never about the Americans. Davos originally was about the Europeans. It started in the 70s as primarily a European thing, and then it was about multinationals. And people should never mistake big US Corporations as being American. They're multinational. They are there dealing with their community at Davos, and people have more in common with other multinationals than they do with their home countries. And so that's why you get, you know, you get a lot of policies that may not have been in the US Interest being promoted, because ultimately they were in the interests of these big companies who were the agenda centers and who are the agenda centers.
Joanna Coles
Okay, so you must be missing being there then, and being at the center of everything. And people staring and people staring at you. Now, tell me, you told me once a very funny anecdote at the time that was happening around Black Lives Matter. Can you just remember what it was? I want you to share it with people because it was so good.
David Rothkopf
When I was the CEO and editor of Foreign Policy magazine, we would do host a lunch with the Washington Post, which was part of the same group, and it would have all these sort of big shots together. And I remember at one, and I can tell you when it was 2017, and I was hosting one table and Marty Baron, the editor of Washington Post, was hosting another, and I think Lally Weymouth, who was affiliated with the family that owned it, was hosting another. My table or the right next to me, because everybody was jammed in, was Jamie Dimon, the CEO of JP Morgan. Then right next to him at the next table was David Rubenstein, the billionaire from Carlyle Group. And somebody started talking about Black Lives Matter. And I think David Rubenstein was the one who leaned forward to Jamie Dimon and at that point said, what about us? Billionaire Lives Matter, too. So good.
Joanna Coles
So good. This is the stuff that often happens.
David Rothkopf
People think is happening at Davos, and it was actually happening at Davos.
Joanna Coles
What a great anecdote. Billionaires Lives Matter, too. Don't let's tell Zora and Mamdani that. All right, so let's get into the vaux and the dauphinoise of Trump's speech. And my favorite line was, I've been very, very smart, very smart. That's not how he speaks, but it's me trying to differentiate. And actually, several commentators on YouTube wrote in and said, I've got to stop doing Donald Trump with an English accent when I quote him because it makes him sound too intelligent. So I'm going to try and do it in a very bad American accent.
David Rothkopf
But I show up for these podcasts every week or so because of your impression.
Joanna Coles
All right, so tell me, what was he talking about? What was going on there?
David Rothkopf
Well, I mean, again, let's set the stage. The US Decided this was going to be a big deal. He was going to be a big deal. They took over what I think was a former little church along the street, turned it into USA House. We're having events there. Scott Besant was speaking there. The cabinet was out in force. And as last night. So, you know, today's Wednesday. So Tuesday night, Tuesday night in Davos, Howard Lutnick was giving a speech that was hosted by Larry Fink of blackrock. And Lutnick was, you know, Lutnick is a loose cannon to Begin with, he's totally out of his depth in this job, and he's kind of thuggish and he's ridiculously loyal to Trump. And he started getting up and insulting the Europeans Trump style, but without the finesse. And I use the term finesse lightly.
Joanna Coles
But he doesn't have any of that.
David Rothkopf
He also was like, we need to go back to coal and we need to. And people, Europeans started booing him at this dinner. And people like Christine Lagarde, who's the head of the European Central bank, who is the most poised, experienced international statesperson I know, walked out. They just walked out. So things were going badly. And then Trump showed up today and he gave a speech in which he thought the big headline was going to be that he kind of sort of renounced the use of force to take Greenland. But the rest of the speech was so offensive to the crowd. You know, you're. To a bunch of Europeans, you'd all be speaking German if it wasn't for us. And then, you know, we gave Greenland back to the Danes, and that was stupid of us. And Greenland is just a piece of ice. And it's all my ask, and we're going to get it. And if we don't get it, or else. And there was this big implied economic. Or else tariffs and other kinds of things would be imposed upon them. And he was a racist, and he was talking about how Somalis are a low IQ people, and, and he was making up complete nonsense about the US Economy, and he was talking about Venezuela as though it were something to be proud of. It was as though the United States seizing the oil assets of another country and putting them into a secret bank account in Qatar, which only Trump controlled, was something to be proud of. And he said all the big oil companies are going in there, but we know Exxon, Exxon said when Trump got them together, this is an uninvestable country. And you know, he's having a meeting tomorrow there about the peace board for Gaza, which he mentioned. But meanwhile, he invited Putin on the peace board. And then the big news, breaking news today was he invited Bibi Netanyahu to be on this peace board. The butcher of Gaza. Hey, you come and join. The peace board is now starting to look a little bit like, I don't know if you remember the scene in the James Bond movie Specter where all the heads of Specter get together in this opera house, and I think it was in Germany, but it's starting to look like a bunch of Bond villains. And Trump's charging The metro. A billion dollars. And where's the billion going to go? And is it going to go to a Jared Kushner, you know, casino project on the Gaza coast? And what will happen to the Gazans? Who cares? So, like, from beginning to end, the speech was offensive. It was a fiasco. Markets responded badly. Immediately after the speech, the European Union announced because Trump was threatening tariffs if the Europeans don't go along with giving Greenland to the U.S. the European Union pulled out of the trade deal that they negotiated with the United States. Said that's on hold, because if you're going to change the terms every time something comes up, then we don't really have a deal. You know, markets are skittish. Stock market's up a little bit, but other markets are highly skittish here. And. And I think finally, and most importantly, as big a fiasco as it is politically, as embarrassing as Trump was for his ignorance and his slurring, his words and his low energy and all of that, this is really a historical watershed. For 100 years, the US has made building transatlantic relationship the foundation of peace and prosperity for us and for many, many people in the world. And it's over. Europe does not trust us anymore. Europe does not trust the US and NATO. No one thinks they can count on NATO. The trade agreements, the cooperation is. Is. Is in trouble. And there are threats of retaliations and economic bazookas. And I think Americans need to remember Europe's the same size as us as an economy. Europe not only is big and important and leading in a lot of key technologies, but also Europe has the ability to focus on China, to focus on others in the world in a way that really changes the equation for the United States. So it was a fiasco. It was a mess. Trump was embarrassing. Trump was offensive. Trump was a boor. Trump. Trump was an idiot. But this is also a bright red line in history. And the world is not the world that it was when you woke up this morning. And it only promises to get worse and worse. And I just think all of us listening need to go, holy shit.
Joanna Coles
Yeah, listen, I mean, I grew up in Europe. I have lots of European friends and family still. And they're all saying, we cannot believe that Europe's biggest ally is now turning into an adversary, both militarily, potentially, which obviously brings around the end of NATO, and also economically. But what we're seeing out of this are new world leaders. Right? So we have Mark Carney's speech about middle powers, which I want you to talk about, too. We have the grey Crested Cross Crane of Gavin Newsom strutting around, sensing opportunity. He's now pecking at opportunities there. And then we also had, and I want you to talk about this, too, Donald Trump picking on certain European leaders, Macron being one that he, you know, taunted because Macron's refused to write the $1 billion check for his peace board. And also the Prime Minister of Switzerland, who he said rubbed him the wrong way. So can we dissect each of those? And it feels like Mark Carney is emerging as the sane leader of the West.
David Rothkopf
Well, look, Mark Carney has the advantage that he's located directly next to the United States. Stand next to Trump, anybody will look sane. But the reality is Mark Carney is an incredibly gifted guy, was the head of the bank of England before he ran the central bank in Canada, before he became the Prime Minister of Canada. A really brilliant guy. And he's quite low key. And his oratorical style is not great. But what he said in the speech was not. He said that this is not a transition. This is a rupture in the world order.
Joanna Coles
A rupture in the world order.
David Rothkopf
Really important because a lot of people have said, you know, and this has been the way a lot of people in the press have been writing, well, we're sliding in this way and that we've crossed the line. And that's what Mark Carney is saying. And why? Because the US Is now a threat. Canada's biggest friend is now a threat. There were stories in the paper yesterday of the Canadians are now planning for what they would do if they were invaded by the US and saying that they would try to figure out how to conduct guerrilla resistance like the US Faced in Afghanistan and have people out there with improvised explosive devices and so on. This is crazy. But Canada is taking it seriously because Trump's not backing down. He did go into Venezuela and he is threatening huge economic pressure to go into Greenland. He changes his mind on force, but he could change it back on force. It's crazy. So Trump insults him and says, well, the Canadians, they're not grateful. You know, we're going to build this golden dome and they'll benefit. Well, you know, I've said this on here before, the golden dome is a fantasy. If you talk to anybody who's a nuclear arms specialist, they will tell you it can't be done. You can't build that kind of shield for the United States, at least not with the current technologies that we have. But more importantly, Trump, you know, Trump liked to be a bully. And he was like, well, you know, Canada, you know, you better, you better tell your leader the next time he gives a speech like that to watch out because we're coming for him. And he did the same thing going after Macron. He made fun of Macron for giving a speech with sunglasses on, which Macron did, because he has an eye infection.
Joanna Coles
He did look cool though. Only a French president could have pulled that off.
David Rothkopf
Kind of blue tint to them, which.
Joanna Coles
Was he looked fabulous. And also he's got that tremendous accent. But I'm being facetious, obviously, before people write in and say I'm trivializing, which is what is clearly a very serious matter moment. But hooking on Macron just seemed like the worst kind of bullying. Playground bullying. David, hold on one second. We're just going to take a word from our sponsors. Every January we tell ourselves this is the year we stop talking and start doing make 2026 the year you rewrite your story. Start your business with Shopify now. Shopify gives you everything you need to sell online and in person. Whether you're a first time founder or joining the millions of entrepreneurs who've already made the leap. You can build a beautiful store with customizable templates using Shopify's built in AI that writes product descriptions, edits photos and uses integrated marketing tools to reach customers wherever they scroll in 2026. Stop waiting and start selling with Shopify. Sign up for your $1 per month trial and start selling today at shopify.com beast. Go to shopify.com beast that's shopify.com beast Hear your first this new year with Shopify by your side.
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David Rothkopf
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Joanna Coles
And I'm back with David Rothkopf dissecting. Where else? Davos.
David Rothkopf
Well, that he did, but you know, he did the same thing with the Danes. We did a lot for the Danes. The did nothing for us. The Danes were the first people to respond after 9 11. You know, the only time Article 5 has ever been invoked in the history of NATO, they're like, okay, we're here for you. Send our troops. They lost lives of Danish troops protecting the US responding to 9 11. The Danes were critical in a whole host of intelligence cooperation with the US Were leading the way in a lot of those things. Trump is an ignoramus and he's a bully. And he went after the Swede, the Swiss and he went after other Europeans. He, you know, he said, well, you know, I talked to my friends about Europe and it's just, it's not the same.
Joanna Coles
You know, I know, because he's stuck in 1965.
David Rothkopf
Well, he's stuck. Yeah. I mean, he doesn't, I mean, I don't know, you know, what he is referring to. He's never liked Europe. He's always been a little fond of Eastern Europe. We could talk about that if you want. But he's never liked Western Europe that much. And he was going after them here. And it's very clear this guy has done more. He's wanted to damage NATO and blow it up since the last term.
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David Rothkopf
He mentioned it. You know, he told Mark Esper, the secretary of Defense, to pull troops out of Germany. Esper said, no, you know, they found ways around all of this. They moved the troops from Germany into Poland. So we didn't lose the leverage that would, that we had. But he doesn't have anybody like that around him. No, they all snap to attention. Whenever he says something twice, they do it.
Joanna Coles
So, David, David, one of the things, things that, that people are beginning to say, which you have said for many years at this point, which is that Europe may not be the same, but Trump is not the same either. That Trump is, you know, cognitively slipping. We can see it in plain sight. He's been in the public eye long enough for us to have comparisons with his first administration, with 10 years ago, with 20 years ago. He's definitely not the same. Even Tom Friedman in the New York Times today said, is he a mad king? He is a mad king. Do you think there is. I mean, there's a rupture in the world order. There may have been a rupture in Trump's brain, but do you think there is also now an understanding and a panic among the ruling class? Perhaps I should say that Trump is. There's something wrong with him, that it's time.
David Rothkopf
I believe that everybody who is looking at this objectively thinks there's something wrong with Trump, whether he's had a neurological incident or he's had a series of neurological incidents, or he's entering into a phase of dementia like his father did who had Alzheimer's. And we know that that's, you know, genetically passed on to within families or whether it's just aging or whether it's too many cheeseburgers, I don't know what it is. But Trump is certainly not the Trump he was a year ago, and he's not the Trump he was 10 years ago. And, you know, he wasn't so great to start out with. Right. I mean, he was a big fat guy who never took care of himself even back then. But. But he is declining the notion that he is now a mad king or that he is now a threat. I find I personally have a little bit of trouble with it, and I don't want to pat myself on the back. There's nothing that bugs me more than the social media culture of I told you so. But there were a lot of us 10 years ago who said, this is where it's going, going to go if you elect this idiot, you know, and, you know, when I say a lot of us, I mean everybody who lived in New York City, anybody who read the Village Voice and the articles by Wayne BARRETT in the 1980s, anybody who watched this guy go bankrupt over and over again six times, six times. Anybody who listened to Barbara Walters interview with him when he talked about being president in the early 1990s, everybody knew it. I wrote an editorial in 2016 saying the biggest threat the United States faces is candidate Trump. When I was the editor of Foreign Policy, which we had never written an editorial like that, but we felt compelled to do it. I wrote an editorial in the Washington Post in 2017 saying the biggest threat the United States faces is Donald Trump. The problem was everybody else and a lot of the mainstream media and a lot of big businesses were like, well, if we say that he'll be offended. Let's go along with it. How bad could it be? There will be guardrails. People will, well, the guardrails are gone. The Republican establishment has abandoned ship. They're on their knees before their capture. King saying, yes, sir, how high, sir? And the business establishment, many of them are going along with them. If I were going to say there is one little silver lining that I have seen in the past 24 hours in Davos, it's that the Europeans who have really had a hard time since their, you know, was the idea first posed of the united Europe in coming together on anything, are finally recognizing that you've got to stand up to Trump and you know, that you've got to be tough. And the head of the EU and the Foreign Ministry, people from the EU and the head of the European Central bank and the head of a lot of these countries and you know, are saying, no, we're not going along with it. The Germans are saying, no, we won't be on the peace board. The French are saying, no, we won't be on the peace board. They're pulling out of these trade deals. This is the US Guardrails have given out. So fortunately there's some in the world that are emerging.
Joanna Coles
So was Gavin Newsom right to go? I mean, he's obviously planting his flag for 2020.
David Rothkopf
Gavin Newsom, I got to tell you, you know, well, I'll take one step back from it because I know your background and you have been a trendsetter and you understand what's cool in the world. The core definition of cool is not caring about it. You're not cool if you're trying to be cool. And the core with becoming a presidential candidate is not looking like you're to trying, trying so hard. And Gavin Newsom is trying so hard. He is trying every angle. I'm going to go and attack Trump, for which we applaud. He's been very tough on that. I'm going to go and play to the Joe Rogan crowd, which is gross and disgusting and the Ben Shapiro's and the others. But he's like, you know, I'll do whatever it takes. And so he goes off to Davos and you know, God love him, you know, for speaking out against Trump. But you know, you say he what kind of bird did you say it was?
Joanna Coles
A gray crested crane, which has a sort of plume of hair like Governor Newsom, which I know shouldn't matter, but Donald Trump's hair, oddly matters. He understood, even though it looks like a sort of candy floss has settled or what are those things that blow down Texas roads, that there's nothing else on tumbleweed, that a tumbleweed has somehow blown and settled itself on his head, he understands that it's recognition and that nothing matters more than recognition as a candidate.
David Rothkopf
If I were, if I were asked to nominate a bird, I would say Gavin Newsom is a preening peacock and he wants attention. And you know, frankly, we need all the voices we can to speak out against Trump. So God bless and keep it up, but spare us this guy as the Democratic nominee.
Joanna Coles
Do you think that, but do you think that Gretchen Whitmer and J.B. pritzker and Wes Moore in Maryland and Josh Shapiro in Pennsylvania are sitting thinking, damn, why didn't my team say you should be in Davos? This is going to be a moment you need to, to be there.
David Rothkopf
No, I don't think they are because Davos is followed by a narrow group of people and there's some people reading a story about it in the Washington Post and nobody, nobody is reading a story about it.
Joanna Coles
No, but you say that.
David Rothkopf
But Daily Bugle, I mean, it's just not.
Joanna Coles
But David, as the founder of Deep State Radio, you know that this is all about opportunistic clips on YouTube and Instagram. And Gavin Newsom is everywhere that now it looks like he's offering an offer.
David Rothkopf
He is for a moment.
Joanna Coles
David, we're just gonna have a quick stop for an ad break.
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Joanna Coles
And David Rothkopf and I are talking about what else? Donald Trump's insane speech to Davos.
David Rothkopf
The reality is this, and I really think people need to keep this in mind. 4 Three out of the last four Democratic presidential winners, Jimmy Carter, Bill Clinton, Barack Obama were nowhere as candidates two years before they were elected. Joe Biden won, but frankly, everybody thought he was nowhere. We are way too early to know because for all the reasons you just Talked about in YouTube and Instagram and. Various other social media channels, the reality is that the zeitgeist changes all the time. And so the candidate who's going to win is going to be the one who comes out and gets the the zeitgeist right a lot closer to election day. And so, you know, my sense is, you know, people are going to do horse races throughout this year. It might be one of those people, but it could just as easily be somebody who the Democrats win in the House and they hold hearings and all of a sudden somebody becomes a star. Or Trump sends troops into some city in some mayor or some governor stands in front of a State House building or turns away ice or gets arrested and then writes a letter from some jail someplace and that person will emerge as a hero. And I would just keep an eye out for the person for whom lightning strikes in the social media world closer to election day.
Joanna Coles
Okay well, from your lips to YouTube's ears. It's. It's a really, really remarkable moment. It's a remarkable moment. And also the thing I found very strange was Lindsey Graham, who, you know, a ridiculous figure at this point, who's gone from calling Trump sort of tutti frutti Trump to now being. He couldn't be more obsequious, saying that NATO hasn't worked, that the last 80 years of peace organized, you know, from World War II onwards hasn't worked. And you're like, what are you talking about? I mean, they're just. It's really remarkable moment.
David Rothkopf
If. If Lindsey Graham got a phone call from Donald Trump or Caroline Levitt or whoever it is that calls Lindsey Graham, and they said, lindsey, we want you to go on national television and say that the president's balls smell like a field of lavender in the south of France. Lindsey Graham would say it.
Joanna Coles
Well, he would say, when can I go? How fast can I get to the studio?
David Rothkopf
Yeah, but that's his role. You know, his role is to say, oh, yeah, no idiocy. You know, this is. Whatever the President says, space aliens took over all the brains of the Democrats. I think we should investigate that.
Joanna Coles
I wonder if Marco Rubio and J.D. vance are talking to each other and going, dear God, how long? How much longer do we have to put up with this? Or if they're sharpening their elbows to go after each other. I mean, it just seems they're sharpening their elbows.
David Rothkopf
We saw the first. We saw the first shot fired in the Republican presidential campaign to succeed Trump this week because Usha Vance announced she's having her fourth child. You know, and this is like, you know, this is J.D. vance saying family values and my wife, who should be deeply offended by the fact that I insult her country of origin and everybody like her and anybody else who is brown is willing to sleep with me and have another baby. And so we're not getting divorced. You know, here we are making a bigger family. You know, this is him campaigning, and I'm sure Marco Rubio is trying to think of the appropriate counter move as we speak.
Joanna Coles
Well, perhaps he could adopt David Beckham's son.
David Rothkopf
Well, that kid wants out, man. I mean, I don't know what the Beckhams did to Brooklyn Beckham, but he wants out of that family bad.
Joanna Coles
He really. He's doing that thing that a lot of the kids are doing these days where he just goes for total cut off from family, which seems very dramatic, but that's also a fascinating rupture. In celebrity culture and a celebrity life that. That people can't get enough may not.
David Rothkopf
Be quite as consequential as the rupture between the United States and our European allies, but it is another rupture.
Joanna Coles
It's definitely a rupture. But I'm sure that David Beckham is at home whipping up some delicious potato dish that his wife will not eat because.
David Rothkopf
Well, actually, if you watch the David Beckham documentary, what he's probably doing is he's on his knees and his skiv is scrubbing the cooktop because he does seem to have a bit of an OCD thing.
Joanna Coles
Yes, an ocd. Well, and also going around wiping the tops of candles, which was something I didn't know you were supposed to do, but was. That was quite a helpful hint from that show. Well, David Rothkop, it's never dull speaking to you. I'm sorry, we're not dipping large carby slivers of whatever bread is the best for soaking up fondue.
David Rothkopf
What comes to come to Washington and we will host a fondue party for you.
Joanna Coles
Excellent.
David Rothkopf
And all of your Washington admirers. And we'll say, you know, we'll just.
Joanna Coles
There will be a very small crowd, David. It'll be a small bunch of us huddled around a pot of bubbling fondue.
David Rothkopf
I am sure that when you look into the comments following this, this little venture into YouTube, there will be millions of volunteers who want to dip big chunks of bread into bubbling cheese. And here you do your Melania.
Joanna Coles
Well, thank you. Thank you. Well, that's not. That's not Melania. I can't channel Melania today. Well, David, always, always a joy to talk to you and I mean, who knows what happens next. What an extraordinary moment. But very glad that we have you to decode it for us. And. And the last 25 years of Davos looked like they were just washed away on the sand. That the tides have moved in and.
David Rothkopf
How it couldn't happen to a nicer group of people. As far as I'm concerned, if Davos disappeared tomorrow, the world would not in any way be diminished.
Joanna Coles
On that note, David. On that note. All right, we will see you very shortly, I hope. And I could. I can't recommend Deep State Radio, your entire media network, highly enough.
David Rothkopf
You keep going to Deep State Radio on YouTube. Subscribe to Deep State Radio on YouTube. It's the fastest growing part of what we're doing. And you'll get, you know, I won't have the benefit of Joanna, although, Joanna, you should come on there, too.
Joanna Coles
I'd love to. Come on. You've never invited me. You've never invited me.
David Rothkopf
This is my invitation. Follow up, okay? Follow in the next week or two. We'll have you grace our stage and people can then go also to DSR Network. If you want to subscribe to podcasts the old fashioned way or go to YouTube and get it there.
Joanna Coles
But David Rothkoff and Deep State Radio, unafraid to speak truth to power. David, thank you. I love talking to David Rothko because he's funny and he's got a sense of perspective, but he also has a sense of how fucking serious this is right now. This is a rupture. Mark Carney is right. Europe's biggest ally, America, for the last 80 years has become its destabilizing adversary. And it is a real moment in the global order of things. And frankly, Donald Trump does seem to be a government of one. As he's always telling us, he will decide it's his morality that will tell him when to stop. Well, for now, the Daily Beast is not paying him $1 billion to join his peace board. We're with Macron and I want some of Macron's sunglasses. In fact, I'm going to order them right now. If you have been. Thank you for joining us. You may too want to add some sun sunglasses to your repertoire, especially those blue shades. We love having you. We love hearing your comments on YouTube. Feel free to subscribe to the Daily Beast. As you know, we are independent media. We stood up to Chris La Civita who told us F a F o. Well, we hung around and actually, Chris La Civita, there was no apology, no retraction, no money paid. And if you want to read the story we wrote about Crystal Savita and all the money that went to to his advancing strategies, it's still up there on the Daily Beast website. So have a good day. Evening, morning, whatever time zone you're watching this in. And a big thank you to our lawyers, Neil Rosenhaus and Kate Bolger.
David Rothkopf
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Date: January 22, 2026
Host: Joanna Coles
Guest: David Rothkopf
This episode dives into the fallout from former President Donald Trump’s highly controversial speech at Davos and its seismic implications for the US-Europe alliance and global order. Joanna Coles and David Rothkopf dissect Trump’s performance, why world leaders are increasingly alarmed by him, and what his antics mean for NATO, transatlantic trust, and the emergence of new figures like Canadian Prime Minister Mark Carney and Gavin Newsom. The tone is irreverent but deeply concerned, laced with sharp wit and direct language.
This episode paints a dire, unvarnished picture of a global order in upheaval, with Trump’s behavior at Davos as both symptom and catalyst. Rothkopf and Coles blend gallows humor with real anxiety, critiquing the collapse of old alliances, the moral bankruptcy of current GOP leadership, and the performative uncertainty of Democratic hopefuls. The tone is sharply critical, irreverent, and filled with insider context—an essential listen for understanding why world leaders now view Trump as an existential threat, not just to diplomacy, but to the very structures of postwar security.
For more sharp takes and deep dives, subscribe to The Daily Beast Podcast and check out Deep State Radio on YouTube.