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December 27, 2012
>> how quickly do you -- >> but it would also be a bad thing. in itself, it would contribute to the possibility of having another recession. >> how quickly do you think well feel tremors from the debt ceiling now that the treasury is beginning to talk about avoiding it. >> i think were seeing uncertainty about absolutely everything. its cumulative, its the debt ceiling, its the fiscal cliff, its what taxes are going to be, its what spending is going to be, people feel uncertain and when they fee...
December 27, 2012
Beginning to talk about avoiding it. >> i think were seeing uncertainty about absolutely everything. its cumulative, its the debt ceiling, its the fiscal cliff, its what taxes are going to be, its what spending is going to be, people feel uncertain and when they feel uncertain they pull back. thats a natural reaction, whether theyre investors or consumers. >> thank you for your time tonight. >> youre welcome. as crisis go, you hope for the best and you prepare for the worst, right? since the f...
December 27, 2012
Another recession. >> how quickly do you think well feel tremors from the debt ceiling now that the treasury is beginning to talk about avoiding it. >> i think were seeing uncertainty about absolutely everything. its cumulative, its the debt ceiling, its the fiscal cliff, its what taxes are going to be, its what spending is going to be, people feel uncertain and when they feel uncertain they pull back. thats a natural reaction, whether theyre investors or consumers. >> thank you for your time to...