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Detailed text transcripts for TV channel - MSNBC - 20111228:21:46:00

between the communist state-run/capitalism and america s? yeah. i mean, china is a very interesting place. sort of nominally communist, but there s a porsche dealership right near mao zedong s mausoleum and the woman at the porsche dealership said capitalism and communism, that both of them are good and everybody in china knows that china owes $1 trillion in u.s. treasury debt, but they don t necessarily know what it means so i had one fellow who told me america was a loan shark, and i explained that america is not a loan shark. america is like a borrowing walrus, just like floating in a sea of our own treasury debt and he said don t talk to us about the treasury debt. here in china we re pissed off that you sold us those treasury bond. we re interesting because here in america we re pissed off that you bought them. i was just over thereç myse. not a stand-up economist, but there s one communism and capitalism joke that i know that

Detailed text transcripts for TV channel - MSNBC - 20111228:21:43:30

Detailed text transcripts for TV channel - MSNBC - 20111228:21:43:30
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