China tops crude oil imports Dr. Paul Craig Roberts
from Boom Bust China overtook the U.S. as the world’s top importer of crude oil and is expected to remain the top importer for some time. China is already the world’s biggest energy consumer with oil being by far the largest traded energy market. By overtaking the U.S., this means that China is now the top consumer of almost all commodities including coal, iron, ore and most metals. James Galbraith is back on the show to talk about the U.S. economy and wage growth. And then after the break, Paul Craig Roberts joins us to discuss Greece and the Turkish pipeline project. Eurozone finance ministers met Monday in Brussels to discuss the future financial aid for Greece. He tells us why Greece should leave the EU. And in The Big Deal, Ameera David joins Erin Ade to talk about technology. She sat with Erin to discuss Nasdaq testing the cryptocurrency, Bitcoin. And then we take a look at auto technology: flying cars and driverless trucks.