Billionaire Chairman of Forbes Media and editor-in-chief of Forbes magazine was on CNBC to discuss his views on the fiscal cliff and which stage we are in in his view. He also discussed his views on the impact on the economy of these never-ending fiscal cliff negotiations.
-- He thinks with the economy still weak and most probably wobbling next year it is preposterous to increase the taxes.
-- It will lead to the U.S. going back into recession.
Credit and source: www.cnbc.com, CNBC
Here is the video
-- He thinks with the economy still weak and most probably wobbling next year it is preposterous to increase the taxes.
-- It will lead to the U.S. going back into recession.
Credit and source: www.cnbc.com, CNBC
Here is the video