William Dudley, Bloomberg Opinion Columnist and Former New York Federal Reserve President, says if there is no extension of unemployment benefits there will be consequences in consumer spending. Ralph Schlosstein, Evercore Co-Chairman and Co-CEO, says the most important thing for every company to look at is liquidity. Meredith Sumpter, Eurasia Group Head of Research Strategy & Operations, expects the U.S. to continue escalation with China after the closure of the Chinese consulate in Houston. Admiral James Stavridis, Bloomberg Opinion Columnist and Former Supreme Allied Commander at NATO, says the greatest challenge facing the U.S. in this century is China.