Detailed text transcripts for TV channel - MSNBC - 20111201:11:04:00
Right now are the central banks and six of them acted to pump in more liquidity yesterday, but also very interestingly, china's central bank did, as well. and what's really amazing is how china moves the world. china's in bad shape too for the first time they're saying that their manufacturing is stuck. so the world economy is in bad situation. this wasn't a rally because of good news, this was a rally because money was pumped into the economy. >> jim cramer, a huge day, though, for wall street. >> well, i totally agree with everything you said, and i think this was a recognition of how bad th...
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