a single day. ceo mark zuckerberg personally lost nearly $29 billion. that big $232 billion number, that loss, it lost yesterday more than any u.s. company ever has and the value of the loss is worth more than the entire value of mcdonald s, at&t, goldman sachs or ford. contagion spread through tech and wall street. the rare profit drop for meta because of apple s new privacy policy. the big event today, a messy jobs report. millions of people out sick with omicron. it may have dented the job market temporarily. the u.s. likely added just 150,000 jobs in january. if that happens, it would be the worst month since december 2020 when the u.s. actually lost jobs. we re expecting the jobless rate to stay at a very low 3.9%. i want to discuss with the experts here, mark zandi, chief economist from moody s ana analytics. we saw from adp they shed
regime. it may, as richard suggested, it may in fact, in flame the situation and attacks on civilians may increase. if assad feels he s in the middle of an existential fight that he can t win, instead of giving up, he s much more he s a maniac. he s much more likely to strike out in civilians much worse than he s already done. ambassador, we talk about the fact that the united states is involved to some degree. we may be helping to facilitate arms deliveries and things to rebels. how confident are you about our actions doing that? are we very certain on who would would potentially arm? no. the problem has always been ever since this three-year civil war began with hundreds of thousands of casualties, we should have been far more involved diplomatly early on. the contagion spread to turkey,
a little more political, by putting it into the hands of the politicians here who in turn are putting it forward to a longer-term commission hearing that will take place or investigation taking place into whether or not the competition elements of it would actually allow it to go through. we ll keep watching that story. the bigger problem overseas, the one on the front pages of all the newspapers today, the financial times, markets rocked as debt crisis deepens. the wall street journal, italy fears jolt markets. what s going on with italy? that s one of the countries i don t think a lot of people had on their radar as having such deep financial problems. there are a couple of important things to understand. one is that italy is the third-largest economy in europe. it goes germany, france and then italy. it s also important to understand that there s a debts-to-gdp ratio of around 120% and italy holds around 25% of europe s entire outstanding debt. so it is hugely important. and
what s happening, this is truly unbelievable, and we re seeing this contagion spread, for lack of a better word. you could argue this is very good, but the fact is that it didn t remain in tunisia, who knows where it s going to go next? and frankly this is the new normal. so for america to be reliant what we don t want is a situation where we are making foreign policy decisions based on the fact that it continues to happen, and it s not a good thing. and we know, a, this can be done, and b it must be done. jimmy carter who looked impotent, and part of it is because of the reliance we ve had. we were talking about it was all good. the way we govern, and the
you know, rank-and-file egyptians that have to do a tour in the army so it s a very pro people part of this and at the same time we as the united states government have a very good relationship with the egyptian army. wait to see if we develop a relationship with omar suleiman as a transition al figure. coming up we ll get reaction about mubarak s address. also the domino effect. can this contagion spread to other arab countries. jordan and saudi arabia and of course our friendship, israel over there. you re watching hardball only on msnbc. [ wind howling ] [ technician ] are you busy? management just sent over these new technical manuals. they need you to translate them into portuguese.