you are in denial by any objective measure the euro is a failure taking the highway to the danger zone the euro crisis is flying into trouble even spiraling out of control and now european leaders are meeting with the mavericks in d.c. to try to piece together a solution but is this effort too little too late. and while world leaders try to dig their way out of the euro crisis occupy los angeles protesters are digging their feet in and refusing to leave even after being handed and eviction notice so is the occupy movement bracing for a rough night i have

a report from california. and first it was egypt then libya a path toward revolution is not as smooth a road as many expected in fact it's downright rugged so as the arab spring last through winter and blood once again stains talker square who is really benefiting from all this unrest and could syria be next. it is monday november twenty eighth eight pm in washington d.c. i'm christine for you watching our team. let's begin with the crisis in the eurozone president obama today met with members of the european union here in washington for the meeting comes at a time in which many see the eurozone as being on life support after economic collapse seems to be spreading now we've already seen greece portugal and ireland bailed out but now the euro zone's third and fourth largest economies italy and

spain are also under threat today's meeting is seen by some as a last ditch attempt to save the eurozone with even some top experts predicting the eurozone has just ten days left to live with a major solution isn't found by its next meeting on december ninth now certainly whatever happens could have a global impact world leaders are concerned they're worried some even pointing fingers here's nigel farage co-president for the europe and freedom democracy group expressing his anger at the situation. you are all in denial by any objective measure the euro is a failure i do he's actually responsible who was in shot out of you lot one of those the alter is not of you because none of you have been elected none of you actually have any democratic legitimacy for the roles that you can really hold within this crisis all right and i have heard has doubted the eurozone from the beginning but his view is one that even some of the original believers in it are starting to adopt that the eurozone might be on its way to becoming

a failure is that the case well i suppose it joe weisenthal deputy editor for the business insider to find out i started out by asking him the simple question is this the end of the eurozone as we know it here's what he had to say you know you're absolutely correct i think it takes some it takes for a crisis to really get to that to spur people to act i mean this is been festering for at least two years the first time we started talking about the greek crisis was october two thousand and nine actually and here we are but here is the problem because there are so many leaders in the euro zone you know seventeen countries is in the euro itself and more or countries in the e.u. even if everyone decides to act at the last second there is no guarantee of habits because you have this tremendous problem of coordinating various national interest and point and i want to bring this up there are some rumblings i guess you could say that the international monetary fund is in the process of coming up with a plan to step in and help out at least with italy there is talk of

a six hundred billion euro assistance package though the i.m.f. is denying this but i want to get your take on what you think would be some of the consequences of the i.m.f. getting involved here. well the first thing to realize is it's hard to believe that the i.m.f. has that kind of money. but right now the fund just as you know has to borrow money from the e.c.b. in some kind of way they were going to do anything like that and right no that being denied but i think the broader point is the last few days it's seen a real flurry of rumors about you know something big happening whether it's for the e.c.b. or some kind of stability pact or fiscal union or euro bonds so somebody is cooking you just seeing too many headlines for there not to be something up but we just can't figure it out i know it's probably just the i.m.f. bailing out italy is that even if it happened it wouldn't solve the fundamental problem because the euro has a structural flaw it's not just about the debt in these countries but about the flawed aspects of all these countries sharing their currency and unless the

solution actually gets at the heart of that problem nothing is going to work it is really interesting also to see i.m.f. chief christine legarde in latin america this week not doing what the i.m.f. usually does and latin america which has now imposing austerity measures now this time she's asking countries like brazil for example for help. i'm wondering if you i mean this is seems to me like a total role reversal but do you think this is one of the strategies you said the i.m.f. doesn't have the money probably doesn't is this what's going on here well i think actually it is soon to be time that does seem to be you know behind the scenes trying to get the brics to invest in europe but i think it's a scandal and the reason is that fundamentally. you know the bric countries are many much poorer than european countries sure on the surface they seem broke but the problem is not enough money in europe the problem is a bad structure the problem is the fact that countries don't have control over their own currencies the problem is that the e.c.b. doesn't perform as much of a role as it could so it's actually kind of outrageous i think of these poor

countries bailing out these richer countries when what the euro needs is not money but structural reform to just make its own markets work i think that's an interesting point and also what you said earlier when you have seventeen countries it's not easy too many cooks in the continue can say i want to talk now about germany germany relatively speaking germany has a pretty healthy economy low unemployment levels and mark all it seems wants no part of one of the proposed solutions which you mentioned before for the e.c.b. to essentially print more money so what happens here i mean how much power does germany actually have in all of this well in theory so people say well you know the e.c.b. isn't going to. print money and bail out europe unless the german signed off technically look the e.c.b. is it is an independent organization they can do whatever it wants and it doesn't need the german approval in fact it might even be easier for germany to resist

kicking and screaming and sort of you know let the e.c.b. do it it may well also insisting that it never signed off on it but the bottom line is that in the end germany while it does have a relatively strong economy it cannot afford to let everything collapse around it its own banks would get in trouble the european its european neighbors or major x. . markets those would shrivel up if they collapsed furthermore germany would lose its export competitiveness if countries left the euro and were able to devalue their currency so merkel is in kind of a box because she has opposed basically every feasible solution the e.c.b. euro bonds and so on but can't really afford to let the whole thing collapse so it'll be interesting to see how she walks this type of nad certainly is interesting and as we know german chancellor merkel and french president nicolas sarkozy have sort of been you know teaming up in this effort trying to take the lead in coming up with solutions what do you think some of the solutions both that you think would

be good and also that you think we're going to see kind of put out on the table in the next few days. i believe that the only solution that has a shot of working is if the e.c.b. seriously steps up and becomes a lender of last resort to the various euro zone countries that is the fundamental difference between europe and save the u.k. u.s. and japan all of whom have central banks that serve as the lender of last resort to the government certain even the banks of those countries until europe has that nothing is going to fully convince markets that its bonds are safe again now there may be some steps along the way for example perhaps a euro bond scheme where the various countries pooled together and borrow money together and then the e.c.b. can perhaps buy up those bonds or something like that it might you know they might have to do some tricks along the way but fundamentally until the e.c.b. plays a much larger role in funding all of europe i don't think investors will feel very comfortable on things made out here are saying that there are there is still room

for solutions i know though you know the front cover of the economist of the major star the economist this week in today's financial times both mentions of a possibility that the eurozone is done financial times article today saying it could have been ten days or less i mean this could be huge do you think will having to do think it's going to happen this is a real possibility i think last week was seen as kind of a game changer because last week what we saw was. actually start to rise in the core countries i'm wednesday germany had a very bad bond auction and so that was the first time it looked as though investors were saying ok this isn't just a breeze or italy or a peripheral issue this is an issue that strikes every country in europe is potentially a credit risk now because none of them can print their own money none of them have a lender of last resort to backstop so that kind of takes it to a new phase because of employment when everyone's that risk and you have this potential for a run on the entire economy you really do have to get

a solution right away i guess you could say the fact that the e.c. . he could still do this is an optimistic take and you know i don't think there are loose left i think this is a possibility but there are going to be tremendous cultural your credit hurdles to overcome for this to happen certainly between the meetings today with president obama and some of those. leaders and also that december ninth meeting that's scheduled i certainly all eyes will be on the eurozone business insider deputy editor joe weisenthal well president obama and american leaders attempt to find a solution for that debt crisis abroad there are a lot of problems here on u.s. soil that seem to have no end in sight those issues include a high unemployment rate a high foreclosure rate and an economic system many say is corrupt and needs to be fixed among those fighting to solve those problems but thousands of people who have been protesting for the last two and a half months in the occupy wall street movement well in los angeles today the deadline for occupiers to move out has come and gone and was admitted this morning

and despite a law enforcement officers threatening action many of those protesters remain this evening outside of city hall they have now filed a lawsuit in federal court and hope the five hundred plus tents will be able to remain argy correspondent ramon go in who is in los angeles he's been following all of this and i spoke to him just a little while earlier and asked him to give me the latest take a look. the family christine as you mentioned there are some legal maneuvering happening as we speak as to whether the order for police to the demonstrators will actually be carried through now the situation is still very tense as mentioned earlier the mayor had ordered the encampment to be shut down today that did not happen overnight despite the very large police presence now a lot of people did heed the warning there been hundreds of tents laid out on the

lawn of city hall now hundreds of those people did end up leaving yesterday but at the same time many more of the occupy demonstrators say that they are willing to stay and be a respite and they receive support from thousands of people in the community which turned yesterday now there's some people here who believe that the police in the city decided not to go ahead and go ahead with the eviction yesterday as it would cause a great p.r. fiasco for the city but nonetheless things remain peaceful yesterday and the demonstrators are still waiting to see when police will actually come in and take action to shut down the encampment and let's talk about los angeles mayor antonio. first a huge supporter of the occupy movement i remember in the beginning he even brought you know rain gear out for people when when i walk away with sort of in its infancy i guess i'm wondering some of the reasons that he has given for this change of

heart where this ordering police to protesters. right initially we were seeing a lot of support not just from the mayor but from several other local politicians here los angeles politics known to be very liberal very democratic and they were hoping to capitalize on i guess the negative attention that mayor bloomberg was receiving any york that's exactly what they didn't want to hear but eventually the mayor and other people the politicians here in los angeles and throughout the west coast that we are seeing that were once sympathetic towards the demonstrators one sympathetic towards their cause did not see it politically viable to be associated with demonstrations which were made as being vilified in the media i'm wondering have you seen i mean i think it's a very interesting point that you say they want to sort of contrast from what we saw in new york over the last twenty four hours ramon have you seen you know the pepper spray the tear gas and the police baton have any of these things been

brought out to try to deal with disorderly protesters. well so far police came out in force with definitely a lot of weapons they warn the demonstrators that they would use them if they failed to disperse however they have not used those weapons as of yet here in los angeles no we've seen the incidents that happen in davis up in berkeley and in oakland so people here are generally very wary of it but so far in los angeles things have remained peaceful and for that very reason where the city here the police has been embroiled in several corruption scandals throughout the years several accusations of police brutality and that's just the sort of attention that the city is trying to avoid in these days they say that they wanted to remain peaceful and so far from what we saw yesterday well the riot police were very variance in many demonstrators and like i said hundreds of them did decide to leave

at the same time it is reinvigorating people to come out and support the cause even more remote let's talk about this movement overall certainly we've seen just over the last week or so some major changes in the occupy wall street movement one of the major ones being sort of the heart and soul of this movement where it all started in new york in zuccotti park and those demonstrators no longer allowed to bring in tents to bring in sleeping bags here in washington d.c. there's been rumors there's been talk we still have a very packed mcpherson square with every day what seems to be more and more people coming it's large but there's a lot of talk that occupy wall street is heading west especially for the winter that you could see i mean right now might be about five hundred tents there could be thousands more people coming to take advantage of the energy and also to take advantage of the good weather i'm wondering first of all if you guys are hearing that on the west coast and also if you've spoken to police about how they're planning to deal with what could be much more massive movement there. right well

there have been negotiations in order to remove. from city hall there's also been some sort of discussion about placing them in different locations last week there was an offer to give them office space now there's also talk about possibly moving them to another empty lot nearby their current location but as far as a conscious ever. group of people going from one coast of the other that so far hasn't been discussed very specifically however here on the west coast there are a large series of events happening in the coming weeks and including a coordinated court shutdown which is being organized as we speak several west coast cities are taking part so. patients may be taking different. different shapes if you will the west coast will definitely be integral in the coming months as far as large scale mobilizations ago in regards to occupy wall

street. or among the leno doing a lot of work not getting very much sleep out there we do appreciate you keeping your eyes on everything on the west coast for us. so i have here on r t it is a changing of seasons the arab spring started off with revolutions and regime changes and now it looks like the movement is buckling down for a long winter ahead so as egypt revolts and libya retools what's next for syria. you know sometimes you see a story and it seems so. you think you understand it and then you glimpse something else or see some other part of it and realize that everything you saw. was a big. let's

not forget that we. i think. whenever the government says they're going to safe get ready because you get your freedom. when philo and. you know she.

is the state run english speaking russian channel it's kind of like al-jazeera. russia today has an extremely confrontational stance when it comes to us. welcome back let's talk now about the arab spring and what has in many ways become the arab winter there are connections to be made with what is happening in egypt in syria and in libya the domino effect of revolution i guess you could call it but despite promises of democracy and change things don't always go according to plan

our g. correspondent i wanted to take on takes a deeper look into this. violence and chaos on the streets of cairo. the dust of egypt's revolution is far from settled. people say their hopes and calls for change have been trampled upon you it's about the dignity of the egyptian people we don't want any more humiliation almost a year after mubarak's fall are your square is again stained with blood. here's another revolution seen libya the ousted leader moammar gadhafi was killed last month the people of libya are now left with a country in ruins and the government they did not true i think there is a reign of terror going on against those who disagree with the libyan government it's not presented that way in the western media but it is a reign of terror if you speak up right now against the the new authorities in

libya you're likely to go to jail or be executed or disappear in the meantime interim government brought to power by nato is strengthening its grip on the country nato and some arab states now openly call for regime change in syria the louder they call the more violent the opposition becomes oh i grew up in the states western countries and the capitals of some countries in the region are openly recommending opposition to not hold talks with the assad regime and looks like a political for the cation on an international scale civil war is brewing in syria the whole region seems to be plunging deeper into a crisis. while people suffer in the continuing wave of violence in the middle east and north africa some analysts say certain powers might be interested in picking the trouble boiling there are certain powerful interests outside of the middle east who wants to bring chaos is a rolling scenario discontent and chaos in order that it long term will be

militarized directly by nato and that the oil rig. sources of the oil rich countries by and large can be directly put under private hands it looks like this so-called transition to democracy in the wake of the arab spring is not going to well more blood is being shed we're looking at an arab winter and maybe a new where spring around the corner as tensions rise and certain global powers are pushing for regime change in more countries of the region the wave of revolutions could turn into a notion of chaos i'm going to check our reporting from washington our team has a let's talk about some of the effects of all this hosni mubarak in egypt to step down colonel moammar gadhafi in libya is that there's talk it will only be a matter of days for syrian president bashar al assad to stay in power but what does this all achieve or does that leave the people who saw their families and their cities ripped apart well earlier i spoke to asia times correspondent pepe

escobar i asked him about the winners and losers in the situation about who has benefited most from the arab spring take a listen. let's go bit by bit egypt a military dictatorship is in place so the military benefit they control forty percent of the egyptian economy israel benefits because for the moment they said they're not going to renegotiate the camp david nine hundred seventy nine accords in the west more or less benefits because they can sort of trust the military but they cannot trust the muslim brotherhood or the revolutionaries for that matter libya whole benefits the u.s. pentagon africa on nato and specially to french and the british was going to have the best contracts in fact in the end of it business in the water business as well saudi arabia and qatar as well qatar because qatar now is a close part there of nato and the house of saudi because they got rid of gadhafi they had a beef with god after four years as up syria is the really complicated story in all

this because if there was some sort of civil war in syria which is what nato respects the norm for that matter because they know they won't get the u.n. security council resolution because russia and china already said it many times explicitly this is their red line and when bashar al assad says that cedar is the red line as much as we don't agree with a police state in syria he is correct because the river ations in lebanon in turkey iran s finest pakistan in afghanistan will be over rend us if there is an intervention so now libya two point zero is syria but it's a modified system. there won't be a direct intervention by nato but they are arming the syrian national council and the free syrian army via lebanon and via turkey and this has been confirmed

by everybody including. lincoln admission in paris which is the best informed french daily that weekly newspaper it's a satirical paper and the turkish press everybody knows that this rule army is being armed but i nato by qatar and by saudi outside of syria's borders but the most important point in my opinion now is the role of turkey because starcade they had a policy that they call zero problems with their neighbors that was stablish by their prime minister and now they're creating a problem with syria an effect they had an alliance it was still around that moscow's ankara and now this completely disappeared and now they are advocating destabilizing the mosques and they know the problems will be enormous including for

themselves the turks why why why would turkey give up. what interest when they have in front of dismantling that relationship that they've had with area well christina we need ours that's good to explain that let's try to give the hollywood version right. they are realigning themselves with nato jemera just put some pressure over turkey since that famous vote that they had with brazil when they tried to organize the uranian new clinton in richmond last year and this was vetoed by the u.s. since then and since the arab spring turkey wants to be the role model for the arab spring so they're trying to sell the a keep the model we are a moderate islamist party in power in the army is in the background but the. still more or less a secular society and relatively democratic they're trying to sell this to everybody so in libya but in syria they're trying to sell it via a blatant intervention so we wonder what what he's going through the mind of the

mill and prime minister erdogan at the moment i think they lost the plot completely and let's talk a little more broadly about this and what about this notion that there are certain interests powerful interests outside of the middle east that want to this chaos that we've been seeing and that even assist in keeping this chaos so that nato has to come and militarized the region and in turn of course take over the control of oil resources and what about that theory it's not only oil christine it's in terms of cultural link parts of the global economy there are not integrated told to lean the global economy like parts of lebanon and especially syria and specially iran so it's breaking the alliance between the mosque hizbollah and iran it's a few traits in syria which is a key part of the neal conan idea of going i don't annoy each at a time and then break them all down and real men go to tehran still applies and of

course oil because there's a started there hasn't been reported that because there's a syria and iraq are involved in the pipeline says well with the participation of iran so always the oil majors in the west they want to be part of this business as well but most importantly is the expression of nato nato wants to control them of the to raney and syria is a big big problem there is a russian naval base at the heart of sport made to once to get rid of this russian base by all means and the iranian navy they have docking rights at darts and says well so the eastern mediterranean is not part of the meat's only so they want to do every seeing and out of power to control the whole of dimity tourettes and of course this is part of how to control the arab spring. which is not spring any more effect there so maybe different arabs drinks we should be analyzing all day because they're becoming winter little by little and that's when it comes to very nefarious

influence of the house of salt which is behind every sing that is happening from egypt they're supporting the military with four billion dollars so far and probably maybe more libya where they're supporting the al qaeda types who are part of the power in tripoli and this free syrian army which is being supported by the south as well to destabilize another hour but republic certainly very interesting when you look at the similarities the connections and even what we just saw in egypt how so much of what we're seeing today looks a lot like what we saw nearly a year ago as the times correspondent had to ask of our thanks for your insight thank you steve and that will do it for now left for more on the stories we covered that r.t. dot com slash usa and check out our you tube page you tube dot com science r t america you can follow me on twitter at christine for now coming up in a half hour is the big picture with thom hartmann tonight on explains why he believes that.