Bailout Talk Creeps Into Democratic Debate
The remaining Democratic presidential candidates have thus far largely sidestepped the financial sector in their campaign pitches and debates, choosing to largely focus on industries such as healthcare.
But with the world possibly on the brink of recession and the Federal Reserve taking drastic measures to combat an economic slowdown, talk of a potential bailout and financial crisis crept its way into the Democratic presidential debate Sunday night.
Former vice president and now front-runner Joe Biden was asked by moderators how he would respond to a crisis now that the Fed has exhausted many of its monetary tools by dropping rates to near zero and resuming its quantitative easing program.
Source Fool.com
