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Dialogue 11/07/04 Obama pushes for debt ceiling

07-04-2011 21:00 BJT

 

 

For most Chinese it is absolutely unthinkable for the sole world power to has lived on debts for decades and it is likely to default. President Obama has urged the congress to raise the debt limit or the consequences could be very serious and unpredictable. The Congressional Budget Office says by the end of this year the national debt will overtake the size of the entire US economy for the first time in history. In today’s program, we will talk a close look at the debt crisis in the United States.

Dialogue 11/07/04 Obama pushes for debt ceiling

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Host: Yang Rui

Yang Rui

Studio Guest Speakers:

Charles Liu, Chairman of HAO Capital

William Hess, President of China Monitor Inc.

Online Guest:

Simon Evenett, Int'l Trade & Development , Universtiy of St. Gallen, Switzerland

 

 

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Editor:James |Source: CNTV

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