Left, Right & Center
Global Markets Reeling; China Flexes Its Muscle; Apologies
The jobs report is mixed, the stock market's reeling and the global economy is in a tumble over Greek debts! We opine on the Obama budget and agree that no one thinks the economy or the markets are doing anyone any good right now. Meanwhile China has begun to flex its muscle, complaining about Obama's decision to meet the Dalai Lama and provide military support to Taiwan. And finally, all those apologies! (Arianna Huffington is away.)
By Arianna Huffington • • 29m ListenThe jobs report is mixed, the stock market's reeling and the global economy is in a tumble over Greek debts -- but it's not Arianna's fault, really! Tony says the budget Obama released is terrible; Bob agrees with him, saying the fundamentals are awry. Matt says you measure debt year over year, so ten-year projections are unreliable. But no one thinks the economy or the markets are doing anyone any good right now. Meanwhile China has begun to flex its muscle, complaining about Obama's decision to meet the Dalai Lama and provide military support to Taiwan. And finally, all those apologies! What's up with that? (Arianna Huffington is away.)
