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Transcripts For CNNW Fareed Zakaria GPS 20120513

then robert zoelik will step down as head of the world bank. his exit interview here on gps. next, we go to israel which has anointed a king. what in the world does it mean? and, finally, the curious case of the guy who has come to be known as american french fry brother. a cultural lost in translation all the way from china. you won t want to miss it. first, here s my take. everyone is looking at europe these days as economic and political protests mount across the continent. the downward spiral in europe has produced a great debate over the virtues of austerity. the idea that government with large budget deficits must reduce these deficits mainly by cutting spending. if they don t get their budgets in order, they won t be able to borrow money and will face a fiscal nightmare of ever rising interest rates. the problem is that as governments have cut spending in very depressed economies, it has caused growth to slow even further. do you see government workers wh ....

United States , Fareed Zakaria , Around The World , Global Public Square , Stock Markets , The Big Picture , Robert Zoelik , Exit Interview , World Bank , To Amaze , China S , Budget Deficits , Downward Spiral , American French Fry Brother , Cut Spending , Interest Rates , Government Workers , Tax Receipts , Austerity Program , Paul Kreugman Say , Challenge Question , Cutting Spending , Bad Frame Works , State Of Affairs , Health Care , Stimulus Spending ,

Transcripts For CNNW Fareed Zakaria GPS 20120513

we ll begin today s show in europe. voters in france and greece made their anti-austerity feelings known last weekend and stock markets plunged. we ll have a panel on the big picture and what it means for politics in the west. then robert zellik will step down as head of the world bank. his exit interview here on gps. next we go to israel which has anoinlted a king. what in the world does it mean? and, finally, the curious case of the guy who has come to be known as american french fry brother. a cultural lost in translation all the way from china. you won t want to miss it. first, here s my take. everyone is looking at europe these days as economic and political protests mount across the continent. the downward spiral in europe has produced a great debate over the virtues of austerity. the idea that government with large budget deficits must reduce these deficits mainly by cutting spending. if they don t get their spending in order, they won t be able to borrow money a ....

State Of The Union , Fareed Zakaria Gps , Fareed Zakaria , United States , Around The World , Wild Rumpus Begin , Global Public Square , Stock Markets , The Big Picture , Exit Interview , Robert Zellik , World Bank , China S , American French Fry Brother , Downward Spiral , Budget Deficits , Cut Spending , Interest Rates , Government Workers , Tax Receipts , Paul Say , Austerity Program , Cutting Spending , Elet S , Journalan Elites , Challenge Question ,