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Technology to soar, deficit to fade, Africa takes the day

Employees of a cocoa export company seal cocoa sacks in a packaging factory in Abidjan's port, on October 4, 2012.

Two weeks from now, a lot of the uncertainty hanging over the U.S. economy will be gone. In that time, we'll know who the next president will be and what the next Congress will look like.

But not everything in the economy hinges on who wins the election. Marketplace economics correspondent Chris Farrell offers his predictions for three economic scenarios he believes will unfold over the next four years, regardless of who's occupying the Oval Office.

First, technology will soar with the rise of the mobile internet and increased use by the healthcare and education fields. Second, the issue of the budget deficit will fade as Washington embraces fiscal conservatism and the economy strengthens. Finally, Africa will become more integrated into the global economy. 

 

 

About the author

Chris Farrell is the economics editor of Marketplace Money.
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