Detailed text transcripts for TV channel - MSNBC - 20111003:20:36:00
>> the big bogeyman on this, as always, hold on, there, mr. yippie-ki-yay. if you do that, the chinese finance america and they're going to come over here and we're all going to be speaking chinese, if you mess with them. hang on, peter, i'm going to the professor here. how do you reconcile that? >> our problem is not that there's too few people, it's that there are too many people. we are a flood in world liquidity. and that permits the congress to do things that perhaps it shouldn't be doing. >> true. >> we would be a lot better off if the chinese were not financing our debt. >> why? >> beca...
Source: news source