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Roubini Is Back! And He Is Feeling as Pessimistic as Ever
Posted by: CanadianValue (IP Logged)
Date: December 14, 2012 11:35AM
Do things always have to be so dark, Nouriel?
In this interview Roubini observes:
- He is just back from the euro zone and expects another recession next year.
- He sees the expected euro zone recession weighing on the entire world in 2013.
- Challenges Europe is facing include lack of growth, banking problems, corruption... the list goes on.
- He sees not just Europe but many countries with unsustainable debt levels.
- When asked if he is bullish on America he provides every reason under the sun why we shouldn't be.
Stocks Discussed: SPY, DJI, QQQ,