Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. We should be doing everything we can to keep families from falling into poverty and build more ladders of opportunity to help people who are willing to work hard climb out of poverty. Rose we begin tonight with the Global Economy, the united states, japan and europe seem to be gaining back some of that lost momentum emerging markets, are witness ago different fate, the International Monetary fund cuts its projection for emerging Market Growth for the year 2013, china is expected to reach its official growth target of 7. 5 percent, the countrys leadership is facing questions on the sustainability of its economic model. Joining me now to talk about these trend are distinguished guests from the economist magazine, they are ed. John micklethwait. Zanny economic editor and philip coggan, Capital Markets editor, thank you, thank you, thank you. This is becoming a kind of annual occurrence for
To Economic Growth it might be bigger than chinas by the time you put it all together because of the bigger economy, i think and you are raising American Companies at the back of the top of things we do a list of the most valuable companies. Three years ago the top ten were almost allstate owned, state capitalists entities and now nine out of the ten are american. And one reason why is because people, investors, when they look at these big stake companies they wonder how well they are run. I think american capitalism is sort of coming back, although with some problems and i think American Government although you have the dysfunction there i think you will see dysfunction in china. Rose are you disagreeing . I dont disagree that much, i disagree a little bit. I think there are three Big Questions facing the word for next year, one is, is the u. S. Economy going to accelerate . It has been we waited for accel investigation to come and it happened, is it going to happen next year and if y
To Economic Growth it might be bigger than chinas by the time you put it all together because of the bigger economy, i think and you are raising American Companies at the back of the top of things we do a list of the most valuable companies. Three years ago the top ten were almost allstate owned, state capitalists entities and now nine out of the ten are american. And one reason why is because people, investors, when they look at these big stake companies they wonder how well they are run. I think american capitalism is sort of coming back, although with some problems and i think American Government although you have the dysfunction there i think you will see dysfunction in china. Rose are you disagreeing . I dont disagree that much, i disagree a little bit. I think there are three Big Questions facing the word for next year, one is, is the u. S. Economy going to accelerate . It has been we waited for accel investigation to come and it happened, is it going to happen next year and if y
To Economic Growth it might be bigger than chinas by the time you put it all together because of the bigger economy, i think and you are raising American Companies at the back of the top of things we do a list of the most valuable companies. Three years ago the top ten were almost allstate owned, state capitalists entities and now nine out of the ten are american. And one reason why is because people, investors, when they look at these big stake companies they wonder how well they are run. I think american capitalism is sort of coming back, although with some problems and i think American Government although you have the dysfunction there i think you will see dysfunction in china. Rose are you disagreeing . I dont disagree that much, i disagree a little bit. I think there are three Big Questions facing the word for next year, one is, is the u. S. Economy going to accelerate . It has been we waited for accel investigation to come and it happened, is it going to happen next year and if y
Audience like thank you for saying that. I am your age or i am older or younger and feel that same thing and feel that same pressure you feel and it is scary to me. Rose the Global Economy and a new breed of comic when we continue. Funding for charlie rose was provided by the following. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. We should be doing everything we can to keep families from falling into poverty and build more ladders of opportunity to help people who are willing to work hard climb out of poverty. Rose we begin tonight with the Global Economy, the united states, japan and europe seem to be gaining back some of that lost momentum emerging markets, are witness ago different fate, the International Monetary fund cuts its projection for emerging Market Growth for the year 2013, china is expected to reach its official growth target of 7. 5 percent, the countrys leadership is facing questions on the sustainability of its e