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This is CBS, I am the world, I'm John Bachelot.

The election in 2024, what if, Joseph Sternberg?

Member of the editorial board of the Wall Street Journal, he writes political economics.

He's based on London.

So he's looking at this what if, from the distance of the other side of the Atlantic Ocean.

Joe, a very good evening to you, you asked a disturbing question.

What if there is a financial crisis somewhat on the scale of 2008,

which I recall came in very quietly in August with rates spiking and then the catastrophe of laments?

What if, and you base that what if on the two leading candidates for the election in 2024,

the re-election of Joseph Biden or the re-election of Donald Trump to choose between them?

Let's review what happened the first time.

It was Barack Obama, a first term senator from Illinois, versus John McCain,

ex-time senator from Arizona, senior senator.

The economy was the issue in our minds.

How did it turn out in 2008?

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