Warren Buffett's Solution and China's Growing Clout
from Market Watch Hosted by BFM Media
Tim Mulholland, MD at China-America Capital Company in Chicago discussed - Warren Buffett's suggestion that corporate America could help prevent a US default by pre-paying its September quarterly taxes. Buffett also said Congress is playing a "silly" game of "Russian Roulette" by threatening not to raise the nation's debt limit as it debates deficit reduction - expectations for US employment situation - China stocks falling for a 2nd day after China's widely anticipated third rate hike, before next week's CPI data - IMF sources saying a former deputy governor of the People's Bank of China is close to clinching a top post - how to invest in water
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