"time" magazine calls prince alwaleed bin talal the arabian warren buffett. when he talks, the business world listens. tonight prince alwaleed bin talal joins me from the four seasons in paris where he's on vacation, to share his unique perspective on america's debt, the middle east, and the news corp. scandal. your highness, thank you for joining me. let me start right from the top by asking you of your impression of america's economy right now. where do you think it is? where can it get to? and what is your advice to the guys in washington about how to get america incorporated back on its feet? >> it's a pleasure to be on your show, my friend piers. as for the u.s. economy, as we all know, the 2nd of august is nearing very fast, and it's very important for the members of congress and the president of the united states, obama, to reach a conclusion as swiftly as possible because the budget deficit in the united states and the cumulative debt and the raising of the debt ceiling, it does not only impact the u.s. economy but also impacts the whole world economie