Page 14 - China Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Doing with iran right now? >> well, china has been a country that has provided iran with parts and components for its nuclear program, for its ballistic missile program, state-owned chinese companies were years were assisting the iranians. now chinese middlemen are facilitating that proliferation-related trade. the chinese have resisted punishing sanctions from the u.n. security council, they've really tried to protect their iranian ally on whom they depend for a fairly large percentage of their oil imports. so i think, again, china's a problem in north korea, china's a problem in iran. the me...

Going to take a quick commercial break. well, two questions. one is if you solve the china problem, does north korea and iran problems go away? the second is a question from "the wall street journal" about whether or not in our history right now we are witnessing the greatest proliferation of the atomic age that we'll ever experience in a lifetime? some serious questions, we'll be right back after a commercial break with more. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed dow...

This is -- i will quote myself on twitter. i don't know that you can describe how he's doing among black voters other than to say he is whomping mitt romney, 97% to 1%. and yet, and yet, lis marlantes, charles krauthammer in the "washington post" calls obama the divider in chief, slice and dice, group against group, there is a problem, however, it makes a mockery of obama's pose as the great transcender uniter healer of visions. making the argument his focus on the arizona immigration law on women's health and is dividing the population. those numbers would seem to point otherwise. >> well, ye...

Growth. joining us now is senior editor of the new republic timothy noah, author of the great divergence" a book everybody should read. i wanted to jump off of some numbers in the "new york times" on the editorial page today talking about debt held by the top 1% or top 5 versus it the bottom 95%. in 1983, the top 5% in this country, 80 cents of debt was held for every dollar of income. in 19 3 in it erms of the bottom, 60 cents. those numbers have greatly changed. in 2007, the top 5% held 65 cents of debt for every dollar, in 2007, the bottom 95% held $1.40 for every dollar of income. debt is ...

Debt are in a world of hurt and peter morrisy says we could be soon as well. how badly does this hit us? >> quite badly. china is still a developing country, very export dependent for growth. if exporters get into financial trouble, problems with banks. look for them to slash prices and somehow pump money into ex pours and for more goods from china to come to the united states, creating unemployment here. china would buy less from developing countries in asia. those are our customers as well. big ripple effect just when the american financial system went down it hurt everybody else. if china's...