CNBC Squawk On The Street December 11, 2014
Economy. In china maybe 80 , 100 the size of the american economy, the question is whether they are going to grow 9 , 5 . That is a much bigger question with more consequence to growth in the world, incremental gdp in the world. To make this clear, any time somebody is growing in the world, its good for everybody in the world. Obviously, its great in the country which growth is occurring. That incremental growth results in incremental demand which will draw support exports by other players, as well. Companies are sitting on a lot of cash. What are they doing . They are pursuing buybacks. How a...