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CanadianValue
CanadianValue
Articles (4611) 

Roubini Is Back! And He Is Feeling as Pessimistic as Ever

December 14, 2012 | About:

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.



About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 4.0/5 (9 votes)

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