Also, an editorial from Xinhua, the official Chinese news agency, warns that massive spending to boost China's economy could be detrimental. How does this effect China's growth or slow down? We ask Marc Faber, founder of Marc Faber limited and author of the book "Tomorrow's Gold," about likelihood of a contraction in China and other Asian economies.
Plus, in today's episode of "Loose Change," Lauren and Demetri discuss the reports of Jon Corzine's meeting with officials from the Department of Justice last week, ten months after MF Global failed. Source