Page 26 - It Collapse News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ivan, can you give us a sense of what is taking place behind you. i see the billowing smoke. is that the building there? >> that is the interior ministry. let me get out of the way so you can see. this is the headquarters of the interior ministry. that is basically what runs the police in egypt that we are seen going up in smoke, really, within the last half hour in a matter of minutes. we've seen the flames engulf the front and side of the building and we've actually seen parts of it collapse. in this inferno, there are firefighters on the scene, apparently trying to put out some of the flame...

Business, i know that in washington right now, derivatives gregg is kind of a bad term, a bad connotation, but these are legitimate, useful tools that banks and financial institutions of all sizes use to make money and that is the process. unfortunately, we have a, an elected group of bureaucrats who want to tell us, the consumer, what's the right interest rate to pay. how much a mortgage loan should be. you know, basically centralize control of the economy. whether it's an individual or a bank, that never ends well. >> gregg: here is another potential unintended consequence. large foreign ban...

Saw the sense of bringing in southern europe for exactly the reasons we can now see. but when you look at it, trying to make it work, which will be very, very difficult, i do understand their problem, seems to me less painful than letting it collapse, one hopes marks not be true, because people aren't always wise, that the political leaders in europe will in the end conclude that making work what ever that requires, it does require a form, no doubt about that is the more sensible path than to allow a collapse. it will cost europe and let's be honest again, germany, an enormous a. >> some oth...

There is very few places where you find people feeling that. in beijing, it's such an exciting city right now. the intellectual life is electric with people trying to figure out how they are going to manage this tremendous project forward. they are thinking the unthinkable. see, we seem to just be -- you tell me, ben, survivors don't do this. they -- we seem to just be holding on. just hold on. just hold on. don't let it collapse. hold on. survivors say, let the damn thing collapse. let's go. that's the exit. that's the way out. or that's the way to the future. we seem to be hanging on to stuf...

There is very few places where you find people feeling that. in beijing, it's such an exciting city right now. the intellectual life is electric with people trying to figure out how they are going to manage this tremendous project forward. they are thinking the unthinkable. see, we seem to just be -- you tell me, ben, survivors don't do this. they -- we seem to just be holding on. just hold on. just hold on. don't let it collapse. hold on. survivors say, let the damn thing collapse. let's go. that's the exit. that's the way out. or that's the way to the future. we seem to be hanging on to stuf...