out the second largest failed bank in u.s. history we re going to have the latest on this developing financial crisis. tell you what, it was a crazy weekend. yesterday, the white house working along with people across the financial industry, doing everything they could to stop a meltdown. yeah. and it looked in the early afternoon like that meltdown was coming they understood that china s markets were going to be opening at 8:00, 9:00 at night, and they had to get things lined up before then so the asian markets didn t collapse, which would cause u.s. markets to collapse this morning it was touch and go, as you know. yeah. because we were on a lot of calls yesterday afternoon. it was touch and go for quite some time. it looks like, for now, they ve stemmed the bleeding but this, for a while, was looking like it could spread much like 2008. absolutely. meanwhile, mike pence finds the courage to speak out on donald trump, but only behind closed doors and off camer
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Talking. the united states is still, by far, the more powerful of these two countries, has hundreds of military bases all over the world. china has got one with 2,000 chinese military personnel there. the last time china invaded a country was 1979 in vietnam, and it got a bloody nose it withdrew. we need to keep things in perspective here my concern is not so much with the biden administration but with the rhetoric in his town. it s becoming warlike. it is bipartisan there is no peace faction in washington as you used to have with the business lobby the expectation of war can sometimes create its own reality. this is not a situation where america should be feeling weak when you feel strong, when you feel a sense of resolve, then