united states and around the world. i m fareed zakaria coming to you from new york. today on the program, panic in the markets as the banks need rescuing again. i ll ask one of the people who was at the center of the storm the last time around, the former ceo of goldman sachs lloyd blankfein about whether the system is stable. and is your bank account safe? also, how did it come to this? did we learn the wrong lessons the last time? i ll talk to gillian tett of the financial times. then, don t mess with the french people s retirement plans. that is the lesson from weeks of strikes and protests that sent chaos in parliament as government pushed through their policy anyway. which brought the outrage right back to the streets. we ll tell you what you need to know. but first, here is my take. on his trip to saudi arabia last year, president biden made an emphatic declaration about u.s. policy in the middle east. he said, we will not walk away and leave a vacuum to be filled
called the kissinger diktat, and in a remarkable case of historical resonance, henry kissinger, a century later, was animated by the same idea. in making the opening to china, while siemtly pursuing the soviet union, he ended up that washington ended up with better relations two beijing and moscow than they each had with each other. in fact, many of the american policy centered around this bismarck-an idea. america had better relationships with israel and the arab states than others and it caused yugoslavia and romania away from moscow and had better relations