Economic Recovery is Despite Bush’s and Obama’s policies – Says Financial Guru Who Predicted the Financial Crisis

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 20, 2009 -- Nov 20, 2009 – Las Vegas, NV – 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 key challenges facing US economic policies answering the following questions:

• What could hinder the recovery of the U.S. economy; which policies are hurting us?
• What are the real US debt figures and what are the consequences?

According to Med Yones “The way out of this crisis is through the emergence of a new production industry, such as nanotechnology, alternative energy, and biotech. A new industry will generate enough tax revenues to pay the debt and attract more capital. The auto industry led the recovery after World War II. The IT industry led the recovery after the financial crisis of the Seventies.”

Moreover, “… there are also other alternative growth strategies, such as the formation of a new North American Union similar to the EU or opening the doors to more productive immigrants. However, these controversial policies are difficult to pass, at least not in the next 5 years. When the economy recovers, it will not be because of Bush’s and Obama’s bailout plans, it will be despite of them. It will be due to the hard work and genius of American entrepreneurs, engineers and scientists, who will rebuild the real engine of the economic growth,” – says the expert.

The full interview is available at:
http://www.ceoqmagazine.com/whopredictedfinancialcrisis/index.htm


About Med Yones:
Med Yones is the president of the International Institute of Management (IIM) – 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.
http://www.ceoqmagazine.com/


Michelle Whalley

CEO Quarterly Magazine
Tel: (702) 294-2779
Fax: (702) 982-2746
Email: media(at)ceoqmagazine.com
Web: www.ceoquarterly.com