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Detailed text transcripts for TV channel - CNN - 20100203:11:33:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100203:11:33:00

If you stay on these paths, right, where we're continuing to do a lot of deficit borrowing and mounting deficits and at the same time countries are living more within their means. there's going to be a time when these two paths are going to across and the u.s. will have a declining influence as a result of it. >> marcus, you talked about the historical context of this, the last super power being britain which owed america a lot of money and eventually what happened they succeeded britain as the most powerful nation. can china dot same with us? >> absolutely. it's almost inevitable. in america ...

Detailed text transcripts for TV channel - FOXNEWS - 20110721:13:04:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110721:13:04:00

Stuart varney from the fox business network. i don't know where to start on that thing. i mean, per second 126 grand? >> look, you've laid out the history of our spending and accumulation of debt binge. the point is as of right now it's getting much worse. this accumulation of debt and the spending has gotten much worse just in the last couple of years. for example, on the debt side of the equation we had, we now have a deficit which is ten times lance larger this year than it was in the year 2007. on the spending side, we simply exploded the spending. the stimulus plan, rapid increases in the...