Quantcast Celebrity Status Quo: Another Time Bomb! - Expert Says INFLATION IS NEXT. "No confidence U.S. President Barack Obama's team is up to the challenge..."

Thursday, April 9, 2009

Another Time Bomb! - Expert Says INFLATION IS NEXT. "No confidence U.S. President Barack Obama's team is up to the challenge..."


An author who saw the global financial crisis coming fears the next bubble will come in the form of inflation and has little confidence U.S. President Barack Obama's team is up to the challenge ahead.

"The Democrats have replaced the Republicans as the big benefactors to the financial community," said Kevin Phillips, author of "Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism."

Source: www.reuters.com

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