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moment, but first, president biden in south korea today where he is issuing new warnings to china and north korea. jacqui heinrich is in seoul with the very latest. reporter: good morning to you, david. in case the subtext of the president s trip was not clear enough, he wrapped up his final full day in south korea with a not so veil ised warning the china that they better not invade taiwan, or they ll face at least the same treatment that that russia is getting over its invasion of ukraine. our alliance between our countries is built on shared sacrifice. our joint commitment to the freedom of the republic of korea and our opposition [inaudible] reporter: before his state dinner with south korean president yun, biden sopped to sign a $40 billion aid package funding ukraine s military, having that bill flown to the other side of the world for his immediate signature so there ll be no lapse in funding. the moment underscoring alliance after china buzzed taiwan wit ....
The right thing s being done. you know, i know pete buttigieg was busy on vacation for a while himself and said he guaranteed everything would be great by christmas and our president is eating ice cream cones in the caribbean, but guess what? we ve got real issues. and real, good, hard work the working american people are sleeping on the floor in airports and had a hellish christmas cave david well, and particularly after spending, after spending those withs of billions of dollars, i mean, it s our money. by the way, you referenced the, our pressure arely can our transportation secretary, saying that things would be great for the holidays back in september. we have that clip. let me just play it for the audience and get your quick reaction. toll rape roll tape. do you think this issue will be sorted in time for the holidays? i think it s going to get better by the holidays. we re really pressing the air laurens to deliver better airlines to deliver better service. david ....
Early investors in facebook, paypal, etc. this is what he had to say about recession. toll rape roll tape. from where i sit, market is really semi-frozen, and this is, again, the worst downturn since dot.com crash, and it looks to me like we re heading into serious recession. david: is he right, kennysome. i think he s right. i think we re going to get there before the pall. i was actually one who thought it was going to come early next year. i actually think it s bing to arrive late summer. the depth is really going to depend on what the fed does, the pace at which they move to try to tame inflation. and they re floating once again those 75 basis points, and even the other day i heard a full 1% move. cade david danielle, this week was a real game-changer because all the real damage can had been focused on the tech stocks, but week we got these retail stocks. you know, bellwether stocks kind ....