Economist Stephen Guilfoyle Weighs In On The Eurozone Recession And Looming "Fiscal Cliff" - Presented by: The Aol. On Network

The Eurozone slipped back into recession, the second since the financial crisis in 2009. Concerns over whether the Greek government can avoid a default and if Spain can ask for a formal bailout, as well as the U.S "fiscal cliff" has hit business and investor confidence. U.S. stocks fell more than 1 percent on Wednesday after President Obama reiterated his call for the wealthy to pay higher taxes. Both republicans and democrats want to keep low income tax rates for middle-income and low-i



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