08/19/11
Marketplace for August 19, 2011
Episode Description:
Marketplace for August 19, 2011
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1
What happens when the U.S. is no longer no. 1?
Historian David Kennedy offers a long-view of the U.S.'s role in the international economy over the last century -- and moving forward.
2
Weekly Wrap: Should we be worried about the markets?
Reviewing the week's headlines on Wall Street. This week: Following the volatility in the markets last week, what can we expect in the future?
3
Is debt the kryptonite of America's "superpower" status?
The U.S. owes $1.5 trillion to China. That indebtedness could mean politically tricky times ahead
1
Small talk: Backyard timeshare and zombie protestors
The news that didn't quite make the headlines. This week: a "backyard timeshare," a lesson on tweeting and eating, and zombie protestors.
2
The new destiny of big banks
It's Bank of America's turn to lay off thousands, but all big banks are waiting for the final reckoning still to come on their troubled real estate portfolios
2
We want our AAA back! Or do we?
The United States can win back its AAA rating for government debt, if it's willing to compromise and sacrifice. But it's a matter of pride more than necessity
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