Latest on China’s slowdown, Greece’s liquidity crunch
Published 21 Apr, 2015 07:11 | Updated 21 Apr, 2015 06:20With negotiations over bailout aid currently deadlocked, Prime Minister Alexis Tsipras very much needs cash for salaries, pensions, and a repayment to the IMF. Erin weighs in. Richard Heinberg, author of ‘Afterburn: Society Beyond Fossil Fuels’, tells why it matters that conventional oil production peaked. Bianca gives us a news update on other business headlines of the day including earnings, the California drought, and corporate tax reform. Ameera talks with Bryan Caplan, professor of economics at George Mason University, explains his frustration with voting and why a surprising number social science professors identify with Marxism. In The Big Deal, Erin and Edward discuss China’s slowing economic growth.
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