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This is CBS Eye on the World. Here's John Batchelor.

The American economy, the global economy, I welcome Elizabeth Peek of the Hill economists of Fox News Economist, Lizpeak.com. Where to find Liz's columns. All of them gathered together this

morning. We begin with a headline in London, a headline that is as threatening as you're

going to imagine. Bessent slams China, who is Scott Bessent, the secretary of the treasury, was a reputation

of being a market whisperer and a very diplomatic man.

Bessent slams China, colon, the quote, they want to pull everybody else down with them,

end quote.

The explanation from the F.T. U.S. Treasury Secretary tells F.T. that Beijing's

export controls are, quote, a sign of how weak their economy is. Liz, a very good evening to you.

This is rough talk from a man whose reputation is the opposite. However, he is not inaccurate. He's being

candid here. The economy in China is broken. No one knows if it can be fixed short of a Japanification,

which could last a decade. These are not revelations. Everybody carries with them all the time, although there's gameplay. However, now Bessent is throwing it back at the Chinese. If you're going to withhold or make it difficult or interrupt the supply chain of rarers, we're going to tell the truth to the American people and the world. Do you believe that we've hit a full stop here, or is this, in your regard, something

that can be walked around?

...