Tim Geithner Waiting News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Markets. our export growth has fallen to about zero at the moment because there isn t demand overseas for our products. so it feels like a little bit of a soft spot, but we ll see. how much of this is consumer confidence, do you think? consumer confidence definitely plays a role. but consumers right now don t have the money to spend. and if they went out and spent, they d be borrowing money. i don t think i think it s a more fundamental problem in a way than consumer confidence. steve, my long wait yesterday trying to get up to new york, in the lounge was tim geithner waiting for the flight, as well. i asked him, we re seeing these good signs in the economy, how much of it is the fed pumping money into the system with qe-3, he said, no, it s real, people are buying things and this is a real signs of good news. so let s just a second on the good news. there s pent up demand. car sales have been very strong, housing is actually quite strong, obviously off a depressed level it ....

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