Business
Gary discusses the economic forecast with economist Edward Offenbacher from the Bank of Israel. Topics covered: The next economic bust, and how bad will it be and what to expect in the next recession. Interest rates, buy backs, currency wars and what are some black swans. Edward Offenbacher is the current Senior Advisor for International Research Relations at Bank of Israel. Until August 2015 he was the Director of Monetary/Finance Division Research Department at Bank of Israel (and before that Director of Monetary Department – domestic monetary operations). He began his career as an economist at the Federal Reserve Board and served from 1979-1982. He received his PHD from Chicago University.