CNNW Piers Morgan Tonight August 19, 2011
with the usual. what is going on, ali? >> look, we started off the day this morning with a rough night in asia. european markets on news that, you know, the german economy, the strongest in europe has weakened to almost a stall, the french economy, absolutely no growth in the quarter. that took u.s. markets downright off the top. but before that, more than 12 hours ago, we got a report from morgan stanley to say what we've all been saying, global economies are slowing down, that they were on the -- we're dangerously close to a recession, we may need more intervention in europe from t...