Why Brexit is a lot like The Big Lebowski
On "What'd You Miss This Week", Scarlet Fu, Joe Weisenthal, Romaine Bostick and Caroline Hyde spoke with Tim Harford , senior columnist at the FT and the author of the "Fifty Inventions That Shaped The Modern Economy". They discussed the political brinkmanship happening on both sides of the Atlantic with Brexit and the partial government shutdown in the United States.
"This idea of pushing and pushing and pushing to the limit in order to try to extract concessions from your opponent, we saw this several times during the Cold War, and now we're seeing it in peace times." The crux of both crises was politicians issuing empty threats and trying to make them seem credible, Harford said. That's where the risk comes in. "You never know when somebody might miscalculate," he said. "A lot of ins, a lot of outs, a lot of what haves you."