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Left, Right & Center: Global Markets Reeling, China Flexes its Muscle, and Apologies

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The jobs report is mixed, the stock market's reeling, the global economy is in a tumble over Greek debts (but it's NOT Arianna's fault, really!).

Tony says the budget Obama released is terrible; Bob agrees with him, saying the fundamentals are awry. Matt says you measure debt year over year so 10 year projections are unreliable. But no one thinks the economy or the markets are doing anyone any good right now.

China has begun to flex its muscle, complaining about Obama's choice to meet the Dalai Lama and provide military support to Taiwan. And finally, all those apologies! What's up with that?