a black conservative who rises and does well and wants to maintain public office. they may say, you know what, this is something that i don t really hold against them. that could well happen. we are in unchartered territory right now. the kind of political media bonfire with donald trump getting in and the celebrity runs to the top of the polls. it s difficult to predict which way it s going. one has to assume, to jason s point, that eventually the system will want substance out of these candidates. they won t be able to wing it on personal narratives. i think that s why ted cruz and marco rubio have begun to rise in the polls. let s talk about marco rubio and his credit card problems. there s issues about his personal finances. donald trump says they are a disaster. there s no question there s not a man of great financial means. is that going to hurt? well, there s risk and opportunity for marco rubio. the risk is that there might be something to that.
fight. cruz, the majority of people in the country, they don t like him. people on right like cruz but the country will never elect him. andrea: why do you think rubio will lose? donald trump is the man when it comes to the economy. he is successful businessman. as he talks about all the time, negotiates with china building this, building that. rubio has credit card problems. andrea: only reason, bernie, what they re going after rubio for, speeding tickets, credit card debt, a things lot of average americans understand in a down economy. by attacking him they re attacking voters. it is more than that. it s more than that it is florida credit card charge card. melissa: idea he used campaign s credit card in order to pay some other expenses. something he has to sort out. katie i have to ask but the next one. speaking of donald trump. he is set to host saturday night live this weekend this was the scene last
he hasn t got much money. is being a middle-class guy raising his kids as opposed to having your name on a building a disqualifications? no, but he s had tremendous credit card problems, he is very weak on illeap immigration, as far as he s concerned the gang of eight was a disaster, friends with chuck schumer and but he s not in your league. i m not saying that. i m saying he has not handled his financial affairs very well. i want he was a lightweight, but you have to remember this, he started with with me, and about two weeks ago he started hitting me. i didn t start with him. everybody who s started hitting me goes down in the polls. i hope that translates into running a country. you haven t spoke late le about jeb bush. is he no longer a threat? i went after him, because he went after me, but i went
he hasn t got much money. is being a middle-class guy raising his kids as opposed to having your name on a building a disqualifications? no, but he s had tremendous credit card problems, he is very weak on illeap immigration, as far as he s concerned the gang of eight was a disaster, friends with chuck schumer and but he s not in your league. i m not saying that. i m saying he has not handled his financial affairs very well. i want he was a lightweight, but you have to remember this, he started with with me, and about two weeks ago he started hitting me. i didn t start with him. everybody who s started hitting me goes down in the polls. i hope that translates into running a country. you haven t spoke late le about jeb bush. is he no longer a threat? i went after him, because he went after me, but i went
big cities. on the other hand, second and third-tier towns have a different problem. here, supply exceeds demand. too many houses. look at these pictures of ghost towns in china. you can see building after building, mall after mall, but no people to live in them. essentially, china has a two-speed property market. one is booming and the other is languishing. you might say china has a property bubble, but not a big deal. they don t have the kind of mortgage and credit card problems that americans had in 2007. it was our debt that caused the problem. and the chinese national government is suddenly doing fine. the consumer is doing fine. but there are those who say china actually has a huge hidden debt problem. according to morgan stanley, china s total public and private debt has soared to more than 200% of gdp, the highest level in the developing world. points specifically to private debt, a category that includes