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The Tea Party is still driving the bus in the US

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The point: It’s total nonsense to act like the Tea Party has been marginalised. What has actually happened is that the Tea Party have changed the political agenda in the US and now their aims – deficit reduction and smaller government even in the face of massive private sector deleveraging – are seen as mainstream political views, just as they are in Europe.

About 

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.