Unhealthy Economic Recovery in 2010 – Says Financial Guru Who Predicted the Financial Crisis
Interview by CEO Magazine with the expert who predicted the financial crisis reveals the risks hindering the economic recovery.
Las Vegas, NV, November 20, 2009 --(PR.com)-- CEO Magazine published an exclusive interview with Med Yones, one of the few experts who predicted the financial crisis. The interview also reviewed the policies of Federal Reserve chairman, Ben Bernanke, and Treasury Secretary, Tim Geithner. Moreover, the financial expert addressed the key challenges facing US economic policies and provided answers to the following questions:
- What could hinder the recovery of the U.S. economy?
- What are the real US debt figures?
According to Med Yones “Current economic growth neither comes from bailing out failing businesses, or from state-led infrastructure investments. It comes from technological innovations, hard work, and gains in productivity; these things come from the private sector and the entrepreneurs rather than state bureaucrats and private interest lobbies.
“The current financial crisis, the bailout Ponzi scheme, the continued deficit spending, the misallocated stimulus funds, and the ballooning of the real uncalculated debt-to-GDP ratio of about 680% as opposed to the official number of 87%, could pose the greatest risk to the US economy.”
The full interview is available at:
www.ceoqmagazine.com/whopredictedfinancialcrisis/index.htm
About Med Yones:
Med Yones is the president of the International Institute of Management – A US based strategy think tank and CEO education institute.
About CEO Magazine:
CEO Magazine provides a global intelligence report covering key events, trends, emerging risks and opportunities in the USA, Europe, Asia and the Middle East. www.ceoqmagazine.com
###
- What could hinder the recovery of the U.S. economy?
- What are the real US debt figures?
According to Med Yones “Current economic growth neither comes from bailing out failing businesses, or from state-led infrastructure investments. It comes from technological innovations, hard work, and gains in productivity; these things come from the private sector and the entrepreneurs rather than state bureaucrats and private interest lobbies.
“The current financial crisis, the bailout Ponzi scheme, the continued deficit spending, the misallocated stimulus funds, and the ballooning of the real uncalculated debt-to-GDP ratio of about 680% as opposed to the official number of 87%, could pose the greatest risk to the US economy.”
The full interview is available at:
www.ceoqmagazine.com/whopredictedfinancialcrisis/index.htm
About Med Yones:
Med Yones is the president of the International Institute of Management – A US based strategy think tank and CEO education institute.
About CEO Magazine:
CEO Magazine provides a global intelligence report covering key events, trends, emerging risks and opportunities in the USA, Europe, Asia and the Middle East. www.ceoqmagazine.com
###
Contact
CEO Quarterly Magazine
Tetyana Chernykh, Michelle Whalley
702 294-2779
www.ceoqmagazine.com
Tetyana Chernykh, Michelle Whalley
702 294-2779
www.ceoqmagazine.com
Contact
Categories