I have a backlog of links I could put into this post but I am going to get this out now to concentrate on one issue: the US presidential election and Mitt Romney's meltdown. At the beginning of the year, I predicted that Romney would win the US election because the economy would be weak and this would be an electoral albatross for Obama. This may still be the case but a lot of argument from that post is starting to look wrong. Here's what I wrote:
Romney will be elected President: when you look at one-term post World War II US presidents, usually an economic downturn killed them. The sixty Go-Go years were as much a problem for Johnson as Vietnam. Ford and Carter had stagflation and Bush 41 had the first jobless recovery. The Republicans can’t win if the economy holds. Obama has to hope...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.