Thursday, November 7, 2013

Spending Cuts and the Debt Ceiling

"The reality is that Bernanke had his chance to taper in September and fumbled that opportunity. So it looks increasingly unlikely that there will be any tapering before he leaves office. And when Ms Yellen takes over, it’s a whole new ball game. She will be working with an economy that is rolling over, and confronted with a big divide in Washington regarding spending and the debt ceiling."

- James Turk via a recent King World News interview, read the full interview here: