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Does China’s Rise Have To Mean America’s Decline? | GZERO World with Ian Bremmer

Does China's rise have to mean America's decline?

The US and China are as wary of each other as they've ever been. But the Chinese think they are on the rise, while America is declining.

On this episode of GZERO World, Ian Bremmer talks to billionaire Ray Dalio, head of the world's largest hedge fund, who thinks rising US debt, a widening wealth gap among Americans, and the meteoric rise of China all play into Beijing's plans to overtake the US as a global superpower.

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Will the US Debt Ceiling Debate Cause a Government Shutdown? | US Politics :60 | GZERO Media

Will the US debt ceiling debate cause a government shutdown?

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, shares insights on US politics:

Is a US government shutdown coming?

Hard to say. Republicans and Democrats generally are in agreement about the need to fund the government. And they generally agree at what level the government should be funded. And they generally agree about the need for supplemental money for Afghanistan and some natural disasters, coming out of hurricanes this season and wildfires. What they're not in agreement about is the federal debt limit, which is the cap on US borrowing that the US hit in early August and needs to be extended by some time in October. Otherwise, the US will have a first-ever default. This would be a very bad outcome with cataclysmic results for the entire world economy.

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