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this is gps , the global public square. welcome to all of you around the world. i m fareed zakaria coming to you from new york. today on the program, we ll bring you the latest on the suspected chinese spy balloon. then, we ll move to the economy. but for a change, it might not be bad news. we have some very good news about the american economy. the imf global outlook is less gloomy than it was a few months ago. and then the fed said it wasn t ready to declare victory on inflation, but it is cooling. i will ask larry summers if he agrees. also, crimea, many powerful people have suggested ukraine should be prepared to officially cede the peninsula to russia as part of peace negotiations. but i ll talk to general ben hodges who said no, he can and should take crimea back. but, here is my take. this week marked the third anniversary of brexit and it coincided with a grim verdict from the imf. this year the british economy will do worse than all of the world s majo

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