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The Economy Is All Powerful in Elections: Economist

2:00 AM ET Mon, 16 July 2012

"The world is going into horrible recession and every incumbent politician I think will be thrown out, I think Merkel will be thrown out with less force than others but I would be surprised if she was to be reinstated because recession is too powerful," Roger Nightingale, Economist at RDN Associates, told CNBC.