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Podcast Extra: The election and the economy
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President Obama has been re-elected to lead the country for four more years.
Julia Coronado, chief economist with the investment bank BNP Paribas tells us what the election results mean for the markets, business, and fiscal cliff negotiations.
Also, how is the world's next largest economy -- China's -- reacting to the news?
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Coronado says President Obama is going to be obliged to compromise now. Kindly ask her next time when was he not ready to compromise and whether the Republicans spat in his face instead of negotiating, since they just knew they would be able to defeat him on November 6. Methinks her Republican bias is showing.
