Forecasting for the Post-Election Economy and a Post-Bernanke Federal Reserve – Video

Video Link: https://www.youtube.com/watch?v=m99hX7xI8xQ

Forecasting for the Post-Election Economy and a Post-Bernanke Federal Reserve
check us out on Facebook http://www.facebook.com Follow us @ twitter.com twitter.com Welcome to Capital Account. Today US voters head to the polls to elect the next President and many congressional representatives. Given the amont of recent favorable economic news, including increased hiring in the US, the lowest household debt since 2003, the highest consumer confidence in four years, a fall in cumulative debt as a share of disposable income, and a recent 1.1 percent jump in retail sales, we talk to Credit Writedowns founder Edward Harrison about what a post-election economy may look like. We ask him if he thinks the US is out of it #39;s slump, and if the US is moving towards a period of sustainable growth that will continue regardless of who becomes President. Also, German Chancellor Angela Merkel said over the weekend that it will take "five years or more" to solve Europe #39;s sovereign debt crisis, and that "whoever thinks this can be fixed in one or two years is wrong." Europe may be an example of what happens when government spending is cut without writing down enough debt, leading private investors to feel uncomfortable about investing in Europe #39;s future. So far, the US has postponed it #39;s financial day of reckoning by ramping up the money printing presses, but how much longer can this continue? We talk to Edward Harrison, founder of Credit Writedowns, about what happens when Central Bank stimulus reaches it #39;s limits. Plus, many people are worried that the US "Fiscal Cliff" will ...From:CapitalAccountViews:301 35ratingsTime:27:59More inNews Politics

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Forecasting for the Post-Election Economy and a Post-Bernanke Federal Reserve - Video