i would be more concerned about china's in russia, but they try to put russia -- about china than russi a, but they try to push russia. >i am so much obsessed, or so much in love with obama and his administration, for their internal policy. it is genius. gdp is growing. you have recovered from the credit cycle. brilliant. but what they do externally is a sort of disaster. and the russian administration -- it is so good for the external policy, but he is disastrous for the internal economy. [indiscernible] >> he wrote one of the most famous lines in hollywood history. >> i want the truth. >> you can't handle the truth. >> "a few good men" catapulted aaron sorkin from starving actor to celebrated screenwriter, producer, truth-teller, and conflicted character creator. he went on to bring us "the west wing," "moneyball," "the social network," and, most recently, "the newsroom" on hbo. with a steve jobs biopic coming soon. joining me today on "studio 1.0," emmy, golden globe, and academy award winner, aaron sorkin. aaron, thank you so much for being here. >> it's my pleasure. >> it's great t

the russi central bank is aan placing its head of monetary policies after emergency measures failed to stem the ruble strop. as russia faces its words currency crisis in 17 years. the ruble weakened 41% in 2014. new credit surged in china. aggregate financing came in well above estimates. china is the world's biggest metals consumer. a recent selloff in base metals might've been excessive. yesterday, you saw the move in copper. the worst start to the year since 1988. on the ftse 100, some of the big copper producers, glencore plunged. buig question -- is it time to pick up the pieces or is that like trying to catch a falling knife? we'll put that to john mayer. john pick up the pieces are try to catch a falling knife? >> a big momentum trade. yes you will be catching a falling knife. there will be lots of people catching it with you. copper has good fundamental value. the market has been finally balance. it could go either way. now, that's the with oil prices going down, those traders, the flush with cash, they are loading up again on the oil short, said we will have a go at copper as

there are many countries including iran and russi, that depend on a price of oil closer to $100 or above100 a barrel. >> remember that iran is not producing for capacity. the five countries plus one would pump more barrels into the equation. there is another pressure on the supply. the price of $100 plus was a liberation and we will never see it again. the price of $45 or $50 may also be a liberation in the downward trend. i think the price will stabilize between these two. >> so is the decision to maintain opec production and effort to drive marginal production in the united states out of business? >> i don't think it is that explicit. i think the fact that we kept the protection where it is -- if we entered -- if we reduced production in saudi arabia or in other countries other countries would fill the gap. the logic behind that is, yes, some oil rigs and others that are below the 45 dollars or $50 range would have to be stopped. on economical grounds. >> prince mohammed is now in line to become king of your country. what does that say about saudi arabia's direction? >> king salman has