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CNN Fareed Zakaria GPS October 20, 2013 17:38:00 - Vimarsana News

CNN Fareed Zakaria GPS October 20, 2013 17:38:00

And then this is the biggest economy in the world. it is playing with fire behaving so erratically, behaving so irresponsibly in the views of the rest of the world, and they worry it could then really hurt them and the rest of the world would suffer along with everyone else if this playing by fire actually resulted in a real catastrophe. >> you wrote a column in "the financial times" saying just abolish the debt ceiling. it is an invitation to mischief and crises. explain very simply why because the united states is almost unique in the world. there are few other countries, but no major econom...

CNN Fareed Zakaria GPS October 20, 2013 14:38:00 - Vimarsana News

CNN Fareed Zakaria GPS October 20, 2013 14:38:00

What are these guys doing, scratching their heads. a lot of emerging economies that face real debt crisis and can't believe a country would manufacture one itself. there's that and then there's a sense of this is the biggest economy in the world. it's the leader economically of the world. it's playing with fire behaving so irresponsibly in the view of the rest of the world and they worry it could hurt them if playing by fire resulted in a real catastrophe. >> you wrote a column in financial times saying abolish the debt ceiling. explain very simply why. the united states is almost unique in th...