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Its become a land of endless wars. Tragically, despite decades of intense and often wellmeaning american attention and expenditure billions of dollars, u. S. Policy has more often than not been a failure. Maybe the caveat more often than not is to kind. Its been an absolute failure if one accepts the basic aim was to foster stability and a better life for the people of the region. Of course the ones ultimately responsible for a country success or failure of the people who live there. But the catastrophe of todays middle east raises a lot of questions about whether the United States should cont...

The economy in the next 3, 6, 18 months. Tom it has been an extraordinary recharging of global recession. Germany looking at recession calls back to 2009, really no surprise there. But it has been the additive facts that we have seen over the weekend measuring global slowdown. There is no place you see it more than thiss morning, not only in the price decline of oil, but specifically brent has had worldwide crude has an extremely difficult six hours. Francine yeah, we also have to look at currencies, dollar had quite a move, and dollar of course is now benefiting, or at least moving on the bac...

Good afternoon and welcome to the aspen institute. My name is nick burns, executive director of the Aspen Strategy Group and the aspen security forum. Its a great pleasure to see this crowd. You all again cspan so be on your best behavior. And we are here to launch a a y important book on the future of the u. S. China relationship called the struggle forth powe. I agree friend could not be here with us but hes very much part of this effort. I want to pay tribute to our former secretary of defense and good friend of mine, secretary bill and mister janet , secretary , janet, welcome. In i also w...

Well of course, were still waiting for more details out of d. C. , when we may see a vote steve weiss, i turn to you first. So we had this historic rally. Were trying to build on it today. Do we have something to work with here . I think we do so theres been a change in my thought process. I was actually very encouraged by the orderly selloff and not of huge magnitude on monday, not at least compared to what weve seen and mentioned that the buying last week, previously added some core positions yesterday, it went a little further than i would like to see, than any rational person would like to...

The aspen institute. I am the executive director of the Strategy Group and formed and its a great pleasure to see this crowd. You will all be on cspan so be on your best behavior. We are here to launch an important book on the future of the u. S. China relationship called the struggle for power u. S. China relations in the 21st century. I want to say a word about that but first, recognize distinguished guests. I want to recognize the cochair of the organization, former secretary of state, Condoleezza Rice whos here with us. And youl you will be hearing fm secretary rice and about half an hour ...