comeback. comeback is. i didn t go an here, comeback. comeback is. i didn t go anywhere. you comeback. comeback is. i didn t go anywhere, you know comeback. comeback is. i didn t go anywhere, you know what comeback. comeback is. i didn t go anywhere, you know what i comeback. comeback is. i didn t go anywhere, you know what i mean? . anywhere, you know what i mean? hello and welcome, i m ben thompson. we start injapan where leaders of the g7 group of some of the world s richest nations are meeting. in the city of hiroshima i had of the summit on friday. us presidentjoe biden has already held bilateral talks with the japanese prime minister to discuss japan us collaboration. the seven member states represent a combined economic output of more than $40 trillion. that is 40% of global gdp. high on the agenda will be the war in ukraine with further sanction set to be imposed on russia over its invasion. they will also discuss the growing power of china and its use of trade and grow
jeanine: do you know how many zeros there are in 400 trillion? harold: 40 trillion, think what you mean, but 40 trillion would be ten more. jeanine: 11 zeros, i counted them. up next, the media on the white house accused of acting like defense lawyers for china. and will never be royals, royals it don t run in our blood wis of protein. those who tried me felt more energy in just two weeks. uhhhh. here, i ll take that. [woo hoo!] ensure max protein, with 30 grams of protein, one gram of sugar and nutrients for immune health.
but still high. here is my problem. when we talked about the consumer debt, that s a trillion. but the report just came out yesterday, sandra, that cbo just added another $3 trillion to our debt. boy, i thought biden said in the speech he is reducing the debt. he is not reducing the debt. these are world record levels and i think if we don t get this under control there will be a financial crash at some point. sandra: steve had his coffee this morning. bill: we re going to $40 trillion in our lifetimes. steven moore, thank you. pennsylvania democratic senator john fetterman seeking treatment for depression in the hospital. how does it affect your ability to serve? a group of house republicans making a visit to our southern border. the white house right on cue saying the trip is a partisan publicity stunt. let me tell you, it is a crisis. the border is wide open.
much of the market. to think that they can control a $40 trillion market and a $20 trillion economy with moves like this. again, real worrisome. i think the final arbiter is the stock markets. you re seeing it pretty big here. it started early in the week, financial stocks started really giving up in a very big way. now you see what you got today. it looks like there s low prices in the offing. neil: i was trying to look for some hope here. for example, home builders. they were up. i think on the notion that the ten year i don t want to bore people. i say that for actually all of my shows. one of the interesting developments the rate came down. there s a sense that we could be seeing a fifth straight week of declining mortgage rates. maybe that s a reflection of frustration with the economy, it s slowing down. that housing could surprise you.
was a different commentator said she better pray if she were going to taiwan. the state media, the mouthpiece, if you will, of people who hate us on the planet. and we ll see a couple of things here. i just want everybody to understand that less than an hour ago speaker of the house landed and when you see her standing in the tarmac pictures those are moments ago. now we know that outside the hotel is a lot of activity as her motorcade has arrived. jason, one of the hard parts about looking forward in all of this is that we cannot predict necessarily what china will do. yet they want us to believe that everything is on the table. but they need a relationship with us, too, financially, business-wise as well. there is. look, this is why, when we have a national debt nearly $40 trillion, it puts us in vulnerability with china. when we have to rely so much on china for so much of our