"Worldwide Recession" If Obama Re-elected
So says Stephen Ross, owner of the Miami Dolphins and CEO of the Related Companies (which btw, is a vastly bigger and more important entity than the Dolphins). This is what business owners think, even Democrat (highly partisan Democrat I might add) business owners. And yet CNBC loves to print gibberish about "business leaders" saying Obama is better for the world economy or that the stock market is rooting for Obama.
That's at worst IMHO. At best, stagflation.
That's at worst IMHO. At best, stagflation.
posted by Donny Baseball at 12:48 PM
2 Comments:
But be ready for the boom/bust inflationary cycle when Romney gets in. All the money that the banks have been issued by the Fed but can't move because businesses don't want to invest now will come flooding into play in the first year of the Romney administration.
I agree, Romney will not inherit an enviable situation...
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