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doors? tonight, emmy winner, marianna margulies and the good wife. this is piers morgan tonight. good evening. new york times columnist, nick christophe is here with me. first, we want to turn to a devastating day in the markets. asian stocks reacting, south korean shares down 3.5% and australian stocks down 2.05% and a huge recession and the dow dropping 391 points. nasdaq and s&p 500 didn t fare much better. we had lots of turmoil but there is expectation from analysts and experts we could be heading to another form of recession. what s going on here? i think insecurities are feeding on each other and even though it s fixable in economic sense but maybe not political sense. our 401(k)s depend to some degree on agreeing parliamentarians to solve their political problems and our own problems in washington don t help that. there s a sense a real disconnect between politicians almost everywhere in the world and reality. is that the sense you re getting? yeah. cert
it s not showing an extension of all of that terrible selling in the last couple of days. what s happening? for the moment, it s not, christine. the europe peern markets an mar minutes ago. the markets you said in your introduction showed asian markets losing quite a bit overnight. some of those markets hitting lows we hadn t seen, in fact, since last year or even the year before that. nikkei should point out end of the day up to the tune of about a quarter of 1%. the stock market, same here in europe. losses earlier on to today s session. firmly in the green for the moment. we ll, of course, have to see how the united states market bets trading, sort of dictate the trend heading towards the end of the week, christine. one of the reasons everybody s so worried or perhaps elated, on a positive note, we had the 23 the g-20 meeting. economists saying there seems to be a growing debt between what economists and the market says it should be and what politicians can realisticy d