Warren Buffett & Former Treasury Secretary Henry Paulson Part I- 2.9.10
Warren Buffett and former Treasury Secretary Henry Paulson have an economic ‘power lunch’ chit-chat, live at the Chamber of Commerce annual meeting in Omaha.
Warren Buffett and former Treasury Secretary Henry Paulson have an economic ‘power lunch’ chit-chat, live at the Chamber of Commerce annual meeting in Omaha.
China’s economy is fundamentally good and not overheating, says Jerry Low, China strategist at Morgan Stanley. He assess the latest set of GDP and inflation data, with CNBC’s Bernard Lo.
“I think the financial markets understand that Greek debt restructuring is on the cards, which is an implicit default,” Neil MacKinnon from VTB Capital told CNBC Wednesday. Kirby Daley from Newedge Group joined the discussion.
There is now actually money on the table and not just a statement, which I think is very important, Jose Manuel Barroso, European Commission Chief, told CNBC Monday after the EU agreed a debt rescue package at the weekend.
“The Spanish economy is in a fix; the figures are really grim,” Robert Robinson from ICADE told CNBC Tuesday. The Spanish government has been going through an “ostrich syndrome” and hoping the problem will go away, but things will get worse before they get better, he said.
Following the same path as Japan, China will face an inevitable collapse within the next decade or so, says George Friedman, CEO of Stratfor. He tells CNBC’s Martin Soong that a country’s growth rate doesn’t represent health.
Wall Street veteran Byron Wien unveiled his 2010 surprises list four months ago. The CNBC team takes a look at how his list is doing so far.