Obama's European economic time bomb
Desmond Lachman | The American
August 08, 2011

mikdam/iStockphoto

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Article Highlights

  • A faltering European economy could spell doom for #Obama's reelection chances

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  • An economic shock from #Europe is the last thing that the U.S. economy or #Obama needs

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  • A #Greek default is bad news for #Obama

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A wave of defaults is coming. This will badly damage Obama's reelection chances.

Desmond Lachman is a resident fellow at AEI.
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About the Author

 

Desmond
Lachman
  • Desmond Lachman joined AEI after serving as a managing director and chief emerging market economic strategist at Salomon Smith Barney. He previously served as deputy director in the International Monetary Fund's (IMF) Policy Development and Review Department and was active in staff formulation of IMF policies. Mr. Lachman has written extensively on the global economic crisis, the U.S. housing market bust, the U.S. dollar, and the strains in the euro area. At AEI, Mr. Lachman is focused on the global macroeconomy, global currency issues, and the multilateral lending agencies.
  • Phone: 202-862-5844
    Email: dlachman@aei.org

  • Assistant Info

    Name: Daniel Hanson
    Phone: 202.862.5883
    Email: Daniel.Hanson@aei.org
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