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President macron criticizing erdogan for his insertion a regional power. Jinping, president xi opened a meeting to map out the countries next fiveyear plan. It could push the economy passed the United States within a decade. The latest roadmap will center around technological innovation, economic selfreliance, and a cleaner environment. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 5 00 in london, and 1 00 p. M. A. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. The s p 500 heading for its biggest decline in seven weeks. Thanks to surging virus cases, the stimulus logjam, and general malaise. Virus cases rising i ....
Try to level set a little how they Congress Really think about this issue and the bridge and so forth. I will be essentially channeling out our block career and what im going to talk about. Alan auerbach that ebv perfect objective moderator for the session for that purpose. But also in thing assay is called for i out his phone number toward the end. Just kidding. So federal debt. In particular we heard about the 34 trillion the federal debt is in you. The 30 fort wayne dollars debt is not really that alum referred to in japan and other places where this trust funds with the government will come to the undead. What we really care about is the debt held by the public. Thats ultimately what the government owes and veteran 27. 5 children. Its that world war ii levels right now but, of course, one big difference is that it is increasing as far as the eye can see. Thats not the current projection. I will post my slides for people so i ....
New york city who is helping us to h great and educated guide fr teachers speeded you canan finih watching this if you go to our website at cspan. Org. We will live there to take your life to a conference on federal spending and debt. Current debt, which is around 100 of gdp is at a level we havent seen since world war ii and is a growing cause of concern. Tackling this problem presents a variety of challenges. Today were fortunate to have a group of very smart and accomplished people who are going to share their insights. Well get to hear a variety of perspectives. To do this, we have a mix of panels, discussions and speakers. Well hear about the economic and fiscal challenges caused by the debt. The impact of debt on invests and consumers, the roles played by Social Security. Approaches for analysting fiscal policies and finally a discussion of potential policy options. And a number of dimensions of the debt challenge. For our ....