USA — June 11, 2018
Ben Shalom Bernanke, who was the Chairman of the US Federal Reserve from 2006 to 2014, compared the US economy with Wile E. Coyote, the loser character in the Road Runner cartoon series. According to Bernanke, everything will collapse in 2020. Quote " Bloomberg:
Bernanke said the $1.5 trillion in personal and corporate tax cuts and a $300 billion increase in federal spending signed by President Donald Trump “makes the Fed’s job more difficult all around” because it’s coming at a time of very low U.S. unemployment.