Video: former president clinton interview – how to fix & revive the u.s. Economy
The problems facing the US economy are a global crisis, according to Former President Bill Clinton, but clearing mortgage debt will help.
Speaking on The Today Show, Clinton said that although the crash occurred in 2008, on average it takes at least five years for an economy to come out of it.
"We’ll be looking at areas where we can speed that up. The quickest thing we can do is to clear this mortgage debt more quickly. If you did that and cleaned up the bank’s balance sheets, there’s enough money in the banks and corporate treasuries to get out of this."
Watch the full video interview at TheMoveChannel.tv: