Page 8 - Steven Roach News Today

That would make our goods more competitive and reduce our trade deficit. on the other hand, it would be bad for china which would suffer large losses on the dollar holdings. in short, right now america has china over a barrel, not the other way around. david, i know you both have something to say about this. david? >> well, its very counterintuitive, isnt it? >> yeah. >> that the worlds largest borrower has its biggest creditor over a barrel. most of the world doesnt see reality in that way. pau...

>> its interesting you bring that up. colin powell speaking on blumberg said you usually oh smooth things over on taiwan and tibet. we have the public say and behind the scenes the diplomacy works, but this time we have google and now these two very famous economists going at it. i wanted to bring this up. so paul krugman said chinese currency policy is adding materially to the worlds economic problems at a time when those problems are already very severe. it is time to take a stand. steven roac...

series called "life." we have had technical problems, so well have it to you later today in the 4:00 eastern hour. we hope you stay tuned for that. stay tuned throughout the day for the latest breaking news. meantime "your money" starts right now. the villains and heroes of the financial crisis -- who saw it coming and how did they cash in on it big time? welcome to "your money". >> my revealing interview with michael lewis coming up, but we begin with the real cost of health care. w...

go good morning and welcome to "this week." hopes dashed. >> the road to recovery is never straight. >> another 85,000 jobs gone. more than 15 million americans unemployed. >> the hardest thing is not knowing three months down the road where youre going to be. >> when will the jobs come back? what can the president do? questions for our headliner, the presidents chief economist, christina romer. the buck stops with me. >> how long did it take you the traelz system failed? >> team c...

good morning and welcome to "this week." hopes dashed. >> the road to recovery is never straight. >> another 85,000 jobs gone. more than 15 million americans unemployed. >> the hardest thing is not knowing three months down the road where youre going to be. >> when will the jobs come back? what can the president do? are we headed for a double-dip recession? questions for our headliner, the presidents chief economist, christina romer. then -- >> the buck stops with me. >> obama takes ...

europe. could be a tight range today because of that fed statement. 2:00 p.m. eastern time. yesterday producer prices edged higher, a bit more hotter than expected. central banks in focus today as i did mention with the second day of the fed meeting here in the united states. the central bank is not expected to do anything different on rates, but investors will be looking for what it says. yesterday we saw details of a letter sent from fed chief ben bernanke to a republican senator whe...

>> rose: welcome to the broadcast. following up on our interview last night with lee kwan wu of singapore. tonight steven roach a former chief economist with morgan stanley who is still with the company but spends most of his time in china. >> the 60th anniversary of the peoples republic of china. but the first 30 years were pretty awful and the next 30 years have been spectacular. the difference is they have really put a huge focus on transitioning this economy from one that was owned...

>> rose: welcome to the broadcast. following up on our interview last night with lee kwan wu of singapore. tonight steven roach a former chief economist with morgan stanley who is still with the company but spends most of his time in china. >> the 60th anniversary of the peoples republic of china. but the first 30 years were pretty awful and the next 30 years have been spectacular. the difference is they have really put a huge focus on transitioning this economy from one that was ...

>> charlie: welcome to the broadcast. tonight the deputy prime minister of israel, dan meridor who is also the minister of intelligence in atomic energy. >> we cant have i if we wanted it. we see numbers, we see reality. the vision was great, reality makes it more difficult. israelis say were ready to buy the land. you think its a yours, you think its all yours. lets divide it, part will be yours and part will be ours. this is what were teaking of because what we had was something we w...

>> arlie: welce to the broadct. tonight the deputyprime ministerf israel, dan merid who is alsothe minisr of intelligence in atomic energy. >> we nt have it if we wanted it. we see numbers, we s reality. the vision was great, reality makes it more difficult. israelis say were ready to buy the land. you think its all yours, you think its all yours. lets dide it, part will be yos and part will be ours. this iswhat were teaking of because what we had was sothing we want to resolve it snie...