Detailed text transcripts for TV channel - MSNBC - 20150825:07:24:00
Increasing fears about china's slowing economic growth. the question now is was what happened today and last week also a freak occurrence? a fluke like the flash crash of 2010? or it is a sign of something more alarming taking place in the world economy? something that signals the coming of something like another great recession. i'm joined now by nobel prize laureate joe steph stiglitz. it's a great pleasure to have you here. what sense can we make, to the degree there is sense to be made, of fluctuations in a stock market? what sense can we make of what happened? >> i think between the two e...