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Transcripts For CNNW Fareed Zakaria GPS 20110731

and the role of government. dan akerson, the ceo of general motors, the largest consider manufacturer in the world back from bankruptcy with a bang. then the new head of the imf, france s former finance minister christine lagarde on the fate of america, greece, the euro and more. also the knight s tell particular. why in the world is an 800-year-old religious organization being cited by murderers on at least two continents? finally, what is this green blob attacking china? first here is my take. i know you heard so much about the debt ceiling that you re probably exhausted. i think it s important to point out a few facts because this matter has been so clouded by rhetoric. did you know there is only one other country in the world that even has a debt ceiling? that s denmark. it s a strange anomaly because its debt ceiling is deliberately kept very high so it will never need to be raised. why does no one else have a debt ceiling? because when a legislature votes to autho

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