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This page was added to your 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
About the author:
Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne
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