The Economy Is All Powerful in Elections: Economist

Monday, 16 Jul 2012 | 2:00 AM ET

"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.