Will China's economy crash the US's economy?

Mike Armstrong and Marc Fandetti discuss China slashing rates and suspending youth jobless data reports. Will China's collapsing economy bring down the US with it? Retail sales increased 0.7% in July, better than expected as consumer spending is holding up. Home Depot beats earnings estimates but sales slide as consumer pull back on big-ticket buys. Russia launches emergency rate increase to stem economic turmoil. Who could be the economic losers in the New World Order?