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Detailed text transcripts for TV channel - MSNBC - 20150824:20:13:00

Low. that s huge pressure on oil companies. the energy stocks have been big drags on the major market averages. the you look at falling kumpbss not just in china but in far place likes kazakhstan, turkey, vietnam, we re seeing currency crises in a variety of countries reflecting concerns about global economic health. one of the commodities most sensitive is oil along with copper and both are at multiyear lows and raising a red flag of global growth. the 2016 candidates are weighing in on today s volatile markets. obviously donald trump and chris christie both weighing in. take a listen to what they had to say. i ve been telling everybody for a long time, china is taking our jobs. they are taking our money. be careful, they will bring us down. you have to know what you re doing. we have nobody that has a clue. what s happened is because this president has run up more debt than any president in american history, that debt has ....

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CNNW Your Money November 13, 2011



freelander and assistant managing editor at time. stephen, let s start with you. we know europe s debt crisis has a very direct impact on the u.s. economy. with europe s future still uncertain, how much influence do americans, does congress and president obama have on what s really happening around the world right now. not so much. look, a lot of people probably wondering how can a small country like greece and a bigger country like italy throw the entire globally economy into this turmoil. i think the answer to that is it s the first domino to fall. there s a real threat, you kind of get a contagion effect, if italy falls we re now seeing their interest rates rise on their bonds. this will affect other countries like portugal and spain and maybe france and germany. that s where the interconnection comes in. the united states, the banking system here is very interconnected with what s happening in europe. let s explore the contagion for a minute with chrystia. if ....

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