Monday, June 22, 2009

Nouriel Roubini The Crisis is Not Over

Nouriel Roubini addressing the Paris Conference for Long-Term Value and Economic Stability, sees a lasting recession especially in developed economies despite the sharp increase in commodities prices , the price of crude oil practically doubling , this simply means that big holders of liquidity like China japan Russia are duping their dollar reserves due to concerns of Inflation...another risk is the increasing fiscal debt , the large budget deficit... unemployment The housing bubble all around the world the shadow banking system and the financial system.

1 comment:

Anonymous said...

Very good information, but you need to improve the sound.

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