The enormous volatility, they shouldnt be. That is what our future looks like. For a look at the chinese economy and the chinese position around the world. Some American People think china is going to take over america as the leading power in the world. Blet me tell you, you are so fortunate. You have two wonderful neighbors in can darks in the south you have mexico. And you are separated by the rest of theworld, the Pacific Ocean and the atlantic. In china we have 14 neighbors. Two views on the Global Economy when we continue. Funding to for charlie rose is provided by the following captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Mohammed al arian is here, chief Economic Advisor from all yant, the corporate pert of pi m. C. O where he was previous the c. E. O. And a colleague for Bloomberg View and contributing edit for the New York Times. His latest book is called the only game in town, Central Banks, instability and avoiding the n
Will that change . We shall see. For now, trump says he will be a noshow. The next logical question that comes that this is how will this affect the outcome on monday night . The iowa caucus, just five days until that. If you buy scientific polling, that wont have any time to write and because the data will be monday night and the iowa caucuses. I will point you to one figure from the latest fox news poll that did have it released a few days ago. Its about the undecided that we are always talking about islands to make up their minds in the last moments. That is a big piece of the pie here in iowa. 33 of Iowa Republicans say it is possible they could change their minds between now and monday night and we will see if that happened. The candidates have been weighing in on of this all day long and on nightline yesterday about what to make of donald trump saying he would not be here tomorrow night. They will not be anywhere from attacking to joking. It is not about him. Its not about me. It
Happening in the policymaking side. There has only been one entity around the world Central Banks. They have taken a huge burden, well in excess of what they can deliver. Politicians have stood on the sideline leaving it up to the banks. Charlie youre saying Monetary Policy and fiscal policy was not effective because nobody could make it happen. Mohamed correct. And now, we are going to live with the consequences of having pursued too many objectives with an imperfect policy tool. Charlie what is left on the monetary side for Central Banks to do . Mohamed they need to get out of being the only game in town. If they dont, they will go from being part of the solution to being part of the problem. This generation and future generations will have an Economic Outlook that is much more dire than now. Charlie you explain this t concept. Tell me what it is. Mohamed the road you are on will end. There is no doubt the road we are on now which has been artificially supported by Central Banks wher
Mohamed that is what has been happening in the policymaking side. There has only been one entity around the world Central Banks. They have taken a huge burden, well in excess of what they can deliver. Politicians have stood on the sideline leaving it up to the banks. Charlie youre saying Monetary Policy and fiscal policy was not effective because nobody could make it happen. Mohamed correct. And now, we are going to live with the consequences of having pursued too many objectives with an imperfect policy tool. Charlie what is left on the monetary side for Central Banks to do . Mohamed they need to get out of being the only game in town. If they dont, they will go from being part of the solution to being part of the problem. This generation and future generations will have an Economic Outlook that is much more dire than now. Charlie you explain this t concept. Tell me what it is. Mohamed the road you are on will end. There is no doubt the road we are on now which has been artificially s
Im on edwards. Mention this and i headlines, china has made an offer. Per share, that is in cash flow to that compares to a monsanto offer previously which not all ins francs cash. Not always comparing apples to apples. Remain a Global Company centered in switzerland. Thepany could management will stay in place. Perhaps the company will be delisted. We will wait for confirmation on that. Theyre saying that the existing management will continue to run the company. Were getting numbers out of them in terms of how they perform. 13. 4 billion against an estimate of 13. 5 billion. A 2. 7 7r coming in billion. A little bit above estimate on that. They are also saying the fullyear diluted is coming in at 17. 7. They enter into agreement on february the second. Theyre saying this morning at the syngenta offer is equivalent previously, the offer had been at 4070 for the month. That wasnt all in cash. This testing to be more cash. Getting confirmation this morning that china makes a cash offer t