the doctors are in hawaii that is trying to find a way to resuscitate the global economy so it will be able to find a cure and as the age of america reportedly comes to a close will there be a new global banking. is on almost every dimension she this is no longer a time for us to sit back and say would you let them steal our jobs and politicians are huffing and puffing negative rhetoric against china so as american leaders take some cheap shots at the so-called red threat we like and world is afraid of the big bad china. you know they've lost their minds and lost limbs and they've lost their time and they close the risks and they deserve it but somehow it's just you know

generation after generation america keeps screwing it's about fighting to survive as the us honors veterans day americans heroes are returning from the front lines we're not so happy homecoming crippling unemployment homelessness and high suicide rates so whatever happened to no man left behind. plus from the center of the fashion world to the center of the euro crisis it will be head first into the economic hardships so with silvio berlusconi gone over the country be able to set itself straight or is it just the next on the top of that it will be a crisis. that evening it's friday nov eleventh eleven eleven eleven it's five pm in our studios here in washington d.c. i'm christine frizz out watching our team. well let's talk right now about the

economy and what seems to be a changing time in the economy on a global scale remember that old piece of advice go west young man it seems that if you want to go where the growth is happening you should instead say go east young man as countries like china and india are growing rapidly as the rest of the world and especially the u.s. seems to be slowing a little bit well this is all being discussed this weekend at the asia pacific economic cooperation or apec and honolulu hawaii or leaders from twenty one countries will discuss things like free trade and green technology and the crisis in the euro zone i want to go now to our g. correspondent on the stasi a church going to in honolulu to hear how things are shaking out on the eve of the conference. and. just start off by asking what are we expecting to see come out of this. well christine you know this is a very big gathering we're seeing twenty leaders from twenty want to qana means get

together to try to try to tackle issues that they're faced with in the global economy and as you pointed out one of their main priorities is working out you know boosting trade and investment creating by the year twenty twenty or free trade zone and this is one of the biggest economic world groups comprising huge part of the world with fifty three percent of the world's g.d.p. certainly a lot of talk about it in the realms of trade and things like that but we can't forget what's been going on this week last week the past few months talking about of course the crisis in the euro zone do you expect that that's going to sort of dominate the discussion there and shift the discussion away from perhaps what could have been the original agenda. well you know christine it's interesting some analysts really draw the parallel and see this apec summit as a continuation of what was going on the twenty certainly the euro crisis is something that's on the minds of leaders all over the world because everybody of course gets affected by what happens in europe and it's interesting to see that

some are saying that yes although the apec summit is focused on a free trade zone and lifting costumes for the countries that were to be that make up the asia pacific but analysts are saying look you know this kind of decision that's sort of looking into the future is not going to meet global markets feel better because what they're expecting is a solution to the european debt crisis and this is of course something that's on the minds of leaders here and certainly going to be discussed on the sort of the sidelines of what is going to be taking place here i imagine as usual the u.s. will continue to press china on raising the value of its currency and he sends those talks are going to happen and that they'll get anywhere this time around. well that's certainly an issue that's constantly on the mind of the united states it's likely that this will be discussed but a lot of people are saying that the u.s. is really not in a position right now to be pushing china to do this. or tries to sort of men ties

and create better relationships with countries around in the asia pacific and china as one of the mean economies in that region people are saying that it's not really the best time for the u.s. to continue pushing with this issue because barack obama is trying to really improve his relationship he's actually dubbed himself the first pacific president now so certainly something that might be addressed but we're not expecting this to be one of the main issues for sure i want to switch the discussion a little bit on this you know a lot of leaders there and a lot of focus on east versus west economies but i want to talk to you about cultural differences there are some who see changes in the economy as tied to culture of different places americans say some are more concerned with things like fancy cars. and macs whereas people in south korea for example are more concerned with function over fashion and he and he talked there about cultural differences. well you know christine you point out an interesting

issue really because cultural differences of course are something that impacts the economy and that's what we've been seeing unravel in the last couple of years you know when the united states' sort of housing bubble popped because people were spending the money and not really thinking into the future meanwhile china in particular was taking care of economic growth you know they were focusing on developing the areas that they were lacking in and that's certainly something that we're seeing reflected in the country's economy people are really you know the our work ethics and. the way people approach the work environment really reflects in the economy of the country so that's certainly something that's interesting and has been has been an interesting kind of parallel to me between the united states and asian countries the difference in mentality has really reflected in what we're seeing in the economies and. of course this conference starts tomorrow just give us a little idea about what you're expecting the next few days how you're expecting them to play out. well you know it's really going to be

a very busy weekend here in hawaii we know that apart from the sort of apec summit gatherings and talks there's as many as twenty thousand people gathered here to hold all sorts of negotiations you know including bilateral meetings where expecting a pretty interesting one to take place between the russian president and barack obama where they're going to be discussing a lot of different issues including the united states plan for a european missile defense shield so you know definitely a lot of issues from trade to investments to better sort of economic climate stall to waste for trying to find ways to really tie it all together and very little time to do it so definitely it will be bringing you are a lot of different updates on all sorts of issues that are going to be coming out from this gathering all right anastasiya looks like it's very windy where you are. good luck with everything this weekend sounds like there is a lot to cover our own honest. and moving from the latest from a pact to a deeper tug of war that seems to already be happening between the u.s.

and china has shifted attitudes about china both in perception and in action now i don't think you have to look further than the pentagon budget to see part of that but we want to see how this was manifesting itself among regular people so we sent our arms around it was said oh out on the streets to talk to people to get a sense of their attitudes about china. the way we've. made with. various. the future you have to yanks ok let's just get right down to it shall we should we be afraid of china. well what other place in washington d.c. is chinatown to find out i don't think we have to be afraid of china but i do think

that we should be concerned well concerned might be the right word for it and angelina isn't the only one on march twentieth levin b.b.c. poll shows that many in the west aren't exactly thrilled about china gaining more economic steam in the span of just five years negative attitudes towards china have skyrocketed with france germany italy the u.k. and the u.s. on unhappy at the thought of china nipping at their heels and for the us nowhere is that clear and in the race to the white house china is on almost every dimension she this is no longer a time for us to sit back and say we're going to let them steal our jobs we need to do is stuck in rich saying china with our money i want to be china i want to go to war with china and make america the most attractive place in the world to do business with. doesn't have to be us or them and isn't buying it the world

changing you know so like the fact the fact that like china's economy is modernizing. isn't the reason why our economy is doing poorly right now. and so it's maybe just a straw man when. presidential candidates bring it up but i think it in a business sense that it can all make sense was countries to just work with china as any other country so yeah i don't know where the fear comes from from the u.s. about china well there you have it it seems to china is the new kid on the economic block and it's up to the u.s. elbow us to see how they deal with reporting from wash. and i just said oh see as just a little while ago i spoke to caroline hellman she's a professor of politics at occidental college he told me that people in the u.s. may want to just those attitudes toward china and explain sometimes a little friendly rivalry isn't so bad for us i think that it is

positive when we have another global competitor as they talked about before about. the united states basically having to play nice with others because more people are in the game and i think that's positive but on an individual level no actually americans are betting benefiting tremendously from the cheap labor sometimes child labor and lower labor standards in china i mean wal-mart is basically walking into a retail chain for china so the notion that somehow this would be bad at the individual level seems a little absurd i mean you say caroline that americans are benefiting and i'm pretty sure you mean americans are benefiting because they can get goods for so cheap because of how cheap they cost to produce these goods well marta great example i think but look around the country look at these abandoned factories and warehouses and you know manufacturing that used to exist here that doesn't anymore i mean that is people who produce these goods they simply say it's just much cheaper and much easier to produce in china how can we as

a country reconcile that. well i think there's a conflation of two things happening one is certainly the outsourcing which is happening all over the globe not just in china any place where there are more relaxed labor standards relaxed environmental standards which is an issue that we as a country need to deal with because we do we are benefiting on the pain of of the less developed countries china included in that equation but beyond that we've also seen a shift from the manufacturing sector to a service sector economy so a lot of that loss came prior to chew on china getting in the ring so i think some of that blame is misplaced but i think china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a concrete enemy for the united states to confront so when we hear these republican competitors talking about china as an enemy i do think that it fills that notion of having something to oppose in order to buoy the resilience of nationalism and again

i find i take issue with that nationalism and i don't think that china's growth unfettered growth centrally at this point is all positive i'm concerned about the environment all i have it that is being read by the manufacturing standards i'm concerned about the quality of life of those living in producing those goods they have people are buying so cheaply and wal-mart and i do believe that we as a country could do united states could make a major shift and how we treat other countries and outsourcing that that would require that the u.s. government step in and tell american corporations that they're going to have to put people over profits and i think that's a really hard thing for anyone at this point to say given how much we've elevated the corporation in the minds of americans i think that ties back to what you were saying in terms of the transfer over from a manufacturing economy to a service economy we talk about these big corporations it's not just that shift from manufacturing to service economy i think to and i think that is what you're getting at is that people have been putting profits over people corporations have

been rather and it's about doing the. most for the cheapest which i mean as a business person i would say those people probably would think that's best but it really really has shifted what's going on here in america in terms of the middle class in terms of the inequality gap is getting wider and wider i mean at how do you do you do you think this will change in terms of policy or future laws for these big corporations to say you know what we're only going to make a few billion dollars instead of twenty billion dollars you know every month how do you do that how do you say that to these big corporations you know and that's the million dollar question you've hit the nail on the head there in terms of we i don't think it will shift that's the short answer because we actually have made it illegal for publically traded corporations to put anything out of profit and we gave them person hood and then we said that money is free speech and so now they have unfettered access to the political arena i think that what would have to

happen is we would have to take back corporate personhood and we would have to make corporations what they were prior to the mid eighty's hundreds where they could only exist if they serve the public interest now that would be a radical shift in our and our political economic system in the united states and one that right now benefits you know politicians get elected because of their corporate ties so i don't actually see the shifting anytime soon. there with caroline hellman professor of politics there occidental college. and of course among those feeling the strains of those jobs being sent overseas are veterans and then women who have served their country and upon getting out find that instead of being met with open arms they're faced with unemployment and a whole new set of battles well today is veterans day and as we remember those who gave their lives in service to this country we want to remember also those who come home and who still need support our correspondent on a saucer churkin or takes

a deeper look. well. their job is to defend their country's interests but once that job gaps up their country has no interest in them any longer tens of thousands of american war veterans are simply being discarded they're coming home just proportionate rate of homelessness of foreclosures and infections and she doesn't spend a lot in seventy five thousand iraqi years inventions united states were homeless receiving under streets were veterans like fifty five year old joe when joe after sixteen years of military duty he's homeless on the streets of new york with health problems he can't afford to take care of and no job just a figure like this is not easy. you know it's it's a great you know it's you know. i don't know should be more like i had no resources you know i can't what sort of purpose i was her i was working cash and. then unemployment runs out anyhow joo says all the u.s.

military machine cares about is money well the people who risk their life and limb are disposed of once they've served their purposes of politicians it's just a bunch of deception rich about numbers. restraints in numbers it's all good keep numbers out record of get his money he gets his promotion his bonus and the care for themselves. care about they care about their own right know. the us is winding down its operations in iraq and afghanistan but the damage to the people who fought in those wars really we have a v.a. system that is unable to provide us with the services that we need the services that we're entitled to as a result of you know signing a contract and putting our lives on the line for our country unemployment rates among war veterans are staggering coming home to an unemployment rate of about thirty percent for iraq afghanistan veterans this is you know triple the national average joining the military used to be considered

a great career staff that led to a life of honor these days this couldn't be further from the truth joining the u.s. military is probably one of the stupidest retirement or career moves you can make as a human being and dettori a columnist ted rall says military service is one of the biggest hoaxes in american history and they're defending the borders they're expanding the empire and we owe them they've lost their minds and they've lost limbs and they've lost their time and they took the risks and they deserve it but somehow it's just you know generation after generation america keeps screwing its vets there are said to be eighteen suicide attempts a day among veterans in america hundreds each month handling the realities of being provided at home it's tough when you come home to your foreclosure on jobs gone. then they want to go to shelters and shelters pretty much housing criminals program and a lot of us can't tolerate that lifestyle the hardest truth is that many believe forgotten

vets back home is a permanent stain on america's image this reality is set to continue indefinitely with no end in sight so despite the iraq war i'm supposedly ending of course that's yet to be seen the reality for soldiers whose constant deployments towards the don't want to fight that is not going to change after almost nine years of war in iraq the. u.s. government plans to bring american soldiers back home by the winter holidays but with joblessness homelessness and official neglect an undeniable reality for america's veterans after the cruelty of war thousands more may be faced with the cruelty of life after it and those who churkin are archie new york so in honor of this veterans day one dig a little deeper into this issue about veterans who upon coming home often have a tough time connecting with their families with their friends really with anyone who hasn't been through what they have many had trouble finding jobs as you've just seen holding down those jobs when they do find them but some more than you think

and sleeping on the streets of the very country they served one of those veterans is not far well he served as a soldier in the u.s. army from two thousand and five to two thousand and ten and he spent sixteen months deployed in afghanistan i spoke to him just a little earlier and i asked him to share more of his personal story take a listen i want to read a part of something that you wrote this was printed in the new york times last month whatever the prediction i could handle it you write four and a half years in the army including sixteen months as an infantry man in an eastern afghanistan provided plenty of skills with no illegal application in the civilian world it was however wonderful preparation for being homeless so no training in your five years as a soldier in the army for an actual job but in terms of surviving on the streets it helps talk a little bit about the experience of returning home from war and then shortly after becoming homeless. sure. first i want to criticisms that i do have

job training and i judge you say there's no application ceiling world so. there's nobody people. who are people who can carry a gun but to answer your question. what it was like to come home it's an odd experience so you go to war and return and i think it's a universal theme i was couch surfing staying friends are you sad no stable sheltered but i did spend you know probably about two three weeks on the streets or in the woods places like that and from what i understand you were in or near palo alto california area i mean this is the home of stanford university home to some of the wealthiest people in this country i mean what was that like coming back and being surrounded by people going through a little bit of a different life experience than you are well it's interesting actually stanford script is it a twenty four hour library so that was a. good place to go to get some sleep and you know be able to use the internet

and going out but it's odd you feel a little bit detached from the world and you kind of feel like you don't live if you can remember back to those first few days upon returning from afghanistan from from coming back into the civilian world. talk a little bit about you know some of those first reactions as first emotions that went through your through your mind and was there one emotion that sort of weighed heavier than the others you know the first few days weren't that dramatic canyon it was just nice to be you know i've been overseas in afghanistan for sixteen months and. i'm just kind of relieved it was a little weird walk around steve grocery stores keep bad people that was a little bit. it was nice to see women you know. but it's really it's not necessarily the culture shock of the first few days it's

just realizing how many. little subtle changes. taking place within your personality and within your limbic system to cope with stress. and others don't necessarily translate to being in the u.s. i just want to talk about one more thing with the. sort of a sad statistic about the suicide rate for veterans by some counts one veteran every eighty minutes takes his or own his or her own life that's about eighteen each day i know in your new york times article that you wrote you wrote about at least one of your friends doing so and knowing a lot more who have done so a lot of people who are not involved in the military would find these figures shocking eighteen a day do you have any insight as to why this is so common you know you survive a war zone and come home and that's when. you know the real battle begins i guess

you could say. yeah i mean i think it's something you know if you fight your incumbent struggle with. my friend actually we're not sure whether it's a serious aide or an accidental overdose. but it's he was so struck i mean i've had the same kind of impulses. you know i just. the army removes the really serious study examining all the causes and. west here the environment on the web say an addict part of it is again this awful active group of people that join. i think it's coming back and feeling the strains of those tragic stress disorder. now being not detached not beyond like you were ron survivor's guilt i think there's

a lot of things that go into that and again that's with veterans best statistic isn't just oh yeah oh i have better ins operation enduring freedom operation iraqi freedom it's all that remains and it's also somewhat of a skewed statistic because it doesn't take into account you know things like single motor vehicle accidents or drug overdoses or alcohol related fatalities that can often be masts for suicide so you know if i had a silver bullet for at me and i'm trying to help it stop but i don't i'd say. you know it's. war is a very ugly thing and if you live through it and you return back there's a party that is still over there. that was afghanistan war veteran are well.

all right well we spoke before about possible plans to try to fix an ailing economy perhaps no place is more on shaky ground today than italy where the senate just pushed through the country's harshest austerity package yet prime minister silvio berlusconi has promised that once this law passes he will resign but once he's gone he still leaves behind a badly damaged country with problems that have the potential to hurt so many other countries and economies as well r.t. correspondent there of earth is in rome and brings us a snapshot of some of these significant changes are in italy and how people are handling. the italian brandy's always seem to be going strong. divest visit expressways. it's impassioned it's a country that clearly why it's used to putting its best forward. recently its least seen its economy stagnating we've now become the latest country to be dragged

into the center of the eurozone crisis. italy has a strong economy. far better than it is now italy could now face a similar fate these countries having to see convergence. just by being one of the year is its largest economy we're not greece we're not greece because we have a lot of savings we are not greece because we have been very prudent in this recession we haven't gone big question might not be greece that with the. soaring borrowing costs just how does italy and in this situation right now nobody . nobody spending all or all of europe consumers are not spending they are saving here to verify what's going to happen meeting you is a. tough reforms in the last part of. the country so you

difficult. government being able to bring about positive change we have so many years. that was not credible outside. insights i don't think it's only. calling was not able to deliver what he promised i think there might be a transfer. from europe otherwise everybody and that's the scariest part because situation in italy right now the u.s. you think faces its biggest challenge yet it's unclear whether those ideals of the people in culturally united europe can survive the failure to adapt and to find a fighting leadership at this point and they've ideals could be left in ruins. a lot of questions surrounding italy tonight like if it needs a bailout or all about money come from we will keep our eyes on that for you but

for now that's going to do it for more on the stories we covered with r.t. dot com slash usa you can also find my interview there with matthew hosting your fellow at the center for international policy he's also an iraq iraq war veteran and told me why so many veterans are falling through the cracks calls to go on a you tube are you to page you tube dot com slash r t america or follow me on twitter at christine for. sure and believe me i was like no years old if you're going to live through. it i am a little get a friend that i'll grab because he is like me and. i'm there.