Paul Craig Roberts & Barry Eichengreen talk BNP Paribas and future of US dollar
BNP Paribas agreed to pay the US government after conducting billions of dollars’ worth of business with Sudan, Iran, and Cuba, none of which are on America's ‘good list’. But isn’t France supposed to be on the ‘good list’? Erin takes a look. Dr. Paul Craig Roberts gives his view on dollar hegemony and the power wielded by the US government. Barry Eichengreen also shares his views about this situation. And in Big Deal, Edward Harrison and Erin talk about the 2014 BRICS summit and how this meeting will affect international finance and the growing political power of these major emerging markets.
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