The plot thickens. Top generals on Wall Street are hence trying to make sure there is no re-run of “Fiscal Cliff”. Devote 4 minutes to watching this Hollywood style video about the dangers of “Fiscal Cliff” and how the armies intend to make it history:
Reuters’ video explaining the problems, battlefields and actors taking part in “Fiscal Cliff” is not only a creative but also laudable way of making the public understand what “Fiscal Cliff” is all about.
The “Fiscal Cliff” war room
As Lloyd Blankfein put it: “Would you lend money to someone with the credit characteristics of the United States? Of course not”. And added that a repeat is unthinkable .
In the “Fiscal Cliff” war room you hence find not only Blankfein but Jamie Dimon. They are in charge of invading Washington and the American public as part of their strategy of putting an end to the dreaded “Fiscal Cliff” dramas.
Would another episode of “Fiscal Cliff” stop US recovery and entail losses for Wall Street? Can Wall Street make Tea Party republicans surrender to their financial logic? Or will corporate America CEOs convince them? How about the Gang of Eight? Will appealing to the American public work? Can the armies assembled stop conservative Republicans and the forces of Congress from staging more episodes of “Fiscal Cliff”? Can repeats of “Fiscal Cliff” be peacefully avoided? Will K Street be able to assist Wall Street, corporate America and the Gang of Eight in assigning “Fiscal Cliff” to a thing of the past? Or maybe you are of the opinion that another episode is essential for the Unites States and the world economy?
By Catarina Alexon
Video: Reuters – You Tube