richard haass joins us from the council of foreign relations. u.k. l the brexit vote gloom. will it change? will they get the best deal with the eu? richard: you're are right. so far, the doom and gloom crowd has not been proven right. you had the brexit vote, now there is a delay, and then we will see how this plays out. i think the markets will react after article 50 is triggered, and we see how the details of the negotiation -- how they go between brussels and london. francine: what is the worst-case scenario for the u.k.? the person is us, oh, we want to become like norway, or like switzerland, maybe greenland. is it absolutely essential that they give up the right to curb immigration so that they have access? answer is --short that would be the best outcome where the eu essentially said, will create a special case for you, but there has to be consequences. the one thing the eu will never agree to us that the british get a special situation and there is no consequence for it. what the eu is struggling with a relationshipor with them that is not se

richard haass is with us on the council of foreign relations. this is going to be really special. r haass, but joining us, michael porter of harvard business school. i got "surveillance" goosebumps over ambassador haass and michael porter on america, our disarray and our competitiveness. this is bloomberg. ♪ francine: "bloomberg surveillance." coming up shortly, it is "bloomberg ." jon, it is so nice to see you again. jon: it is good to have you here, fran. francine: we will not talk brexit. fed and boj. jon: if you have ever approached heathrow, going round and round, that is what it feels like with the boj. newsve been in a lot of conferences, whether it is the ecb or the bank of england. i cannot think of one in a post crisis era where the expectations are like here but no one knows what forex -- no one knows what to expect. and no one knows what the market correction would be. francine: you look at currencies very closely, and i wonder whether it is a negative or positive that the yen is trading on concern of the boj. chris: that is a question for the fx guest. it is not cl

joining me is richard haass, president of the council on foreign relations. once again, i am pleased to have him back at this table. welcome. >> thank you, charlie. >> rose: how serious is this? this is arguably the number one national security threat that faces the united states er the next, say, five years d possibly facing the next president of the united states. >> rose: why? s the the most closed, most militarized society on the face of the earth. it's committed in some ways a slow motion genocide against its own people. it posed a conventional military threat for decades, as you know. still have the old world war ii if you will, borders on thecine peninsula, the division at the 38th parallel and now, on top of it all, you've got a fast-growing nuclear program not just a nuclear material but as you said in your introduction ballistic missiles that can belawnched from a number of platforms from land and sub submarines and they're working hard on shrinking the size of the warheads, so i think it's a question or when and not if we wake up and the director o

on msnbc, mark halperin and richard haass. donald trump talked about the state of the nation's top military officers after matt lauer quoted back to him h criticism of the generals in america's current conflict. >> i know more about isis than the generals do, believe me, was that the truth? >> the generals under barack obama and hillary clinton have not been successful. >> do you know more about isis than they do? >> under the leadership of barack obama and hillary clinton, the generals have been reduced to rubble. they have been reduced to a point where it's embarrassing for our country. >> you know, you said if we had mcarthur today or if we had patton today, we would not have isis. the rise of the military commanders we have today. they come up the military command and by the time they get to the top they're too politically correct. have you lost faith in the military commanders? >> i have great faith in the military. i have great faith in the commanders, certainly, but no faith in hillary clinton or the leadership. >> what

joining me now is richard haass. once again, i'm pleased to have him back at this table. welcome. how serious is this? richard: this is arguably the number one national security threat that faces the united states over the next five years, possibly facing the next president of the united states. charlie: why? mostrd: this is the closed, most militarized society on the face of the earth. it has committed, in some ways, a slow-motion genocide against its people. they have posed a military threat for decades, i should know. the division at the 30th parallel, now, on top of it all, you've got a fast growing nuclear program, not just nuclear material, but as you said, ballistic missiles that could launch from a number of platforms, from land or from submarines. and they are working hard on shrinking the size of the warheads. i think it is a question of the national security advisor walks into the oval office and says mr. president or madam president, we now face the imminence of a nuclear -- charlie: what do we do? richard: it's hard to sanction a society that is already so without. sec

we have president on council on foreign relations richard haass, former advisers to george w.or of showtime mark mckinnon, steve ratner, chair of african-american studies at princeton, editor of "washington post" gene robinson, editor at "the fix," chris cillizza. hi, everybody. wow. >> here we are the day after labor day, the traditional start of the presidential campaign, fall campaign, and you have one poll that shows hillary clinton up six, an nbc survey monkey poll that shows donald trump up by two. last week i said this still seems like a junk poll. what's it look like to you. >> a lot of people saying historically whoever is ahead on labor day is going to win. in 2006 we were behind on labor day. we were able to push ahead with the debate. that's how important the debates are. donald trump has an opportunity here. he's within striking distance, the debates are huge. >> you wouldn't be surprised if trump won? >> yeah, i would be surprised. >> set the race up for us on the day after labor day. >> this is just a testament to if the race is close, the debate -- this will be

joining us now on set president on the council of foreign relations, richard haass.uestion of the morning is, as i guess you say, what is pyongyang. >> ten nuclear weapons. this is the most closed, nuclearized society on the earth. what they're trying to do is two things. shrink nuclear war heads and try to exchange the range of their ballistic missiles. i don't know if it's two years or four years or five years. by the end of the first term of the person we're electing this november, they'll have the ability to put nuclear warheads on missiles to reach the west coast of the united states. for the last two decades we have been putting sanctions on north korea and republican and democratic administrations alike. what last night's test did and it is an issue that didn't come up at the forum. are we prepared to tolerate a north korea that could hold the united states hostage. >> what is our choice? >> the choice is to militarize the relationship. top going to the u.n. and to go to tokyo and china and already we're starting to put ballistic missile defense in the region.

>> well, as richard haass was saying, i would be concerned that russian expansionism.e ukrainian border. there's concern they could use this period well while the u.s. is focused on the tloeks move into eastern parts of eastern ukraine. obviously the situation in syria where every day there is a new atrocity and just over the last two days, these allegations of yet another chlorine gas attack on the people of aleppo. then longer term, all the failed states that have been hemorrhaging refugees across europe. how is europe going to absorb them? can europe absorb them? will we see the rise of more right wing parties which we've started to see? will we see more of that? more brexits? the collapse of the eu? an incredibly difficult situation. >> everybody is listening to all these lists. what can a president begin on wrap up? a great american president? hillary clinton or donald trump? what can they reasonably expect to wrap up to shorten this agenda of hell we have to face in the world? >> well, one thing would be trade. he or she will probably enhear it the transpacific p

, we continue our discussion on international relations, and folded into the financial system, richard haasse council on foreign relations. in michael mayo of clsa on banking governments and banking nonprofits. from london and from the gorgeousity of new york, the beauty of new york -- the chrysler building there is extraordinary. this is bloomberg. ♪ jonathan: third time is it charm for bayer. is $56 billion enough to seal the deal? david: will the central bank extend qe this week? why am mario jog need to reconsider what he can buy. jonathan: clinton and trump prepare for a september 26 debate. i am jonathan ferro, alongside david westin. alix steel is off. we continue the central bank discussion, the countdown to september 21. david: we have five different fed presidents talking, ecb coming up, boj. focus in i think the japan is the idea that they may allow the yield curve to steepen and that could be quite pivotal. david: they stopped buying the 30 year bonds which was controlling the yield curve. jonathan: that

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