Friday, January 29, 2010

Roubini Greece Is Bankrupt

Nouriel Roubini
By: Kim Khan
News Editor, CNBC.com
Are we concentrating too much on sovereign debt concerns? Not according to Nouriel Roubini, who can still live up to his pessimistic reputation.


“Greece is bankrupt,” Roubini told CNBC.com at WEF. “Look, they have to ask China to help them out.”

Greece is trying to get trying to entice China to buy 25 billion euros ($35 billion) in bonds, according to published reports Wednesday.

If the situation becomes dire enough the European Union will be forced to help bail Greece out because it’s such a threat to the monetary union, he said.
Read Article>>>

3 comments:

misso said...

Mr. "doom" - what is situation with California?

It is probably in Mr "doom"'s explanation - "very bright"...

NOTICE: California's (bankrupt!) economy is bigger that Greece, Portugal and Spain - TOGETHER!!!

And NOT to mentioned AT LEAST (!)additionally 40 US states? (Bankrupt too, of course!).

Mr. "clever doom" comments are just "commissioned" by US financial system and FED.
They are - not just totally useless, but even very dangerous because he (FED's Mr. "doom") is trying to HIDE the REAL catastrophe of the US financial system.
Pfuj...

Anonymous said...

Wow GReece is bankrupt. Just more dribble of old news, Why is this ? Get your head out of your ass and look at the mess you made

Anonymous said...

If Greece is bankrupt, why warry? Would Greece care if another country went bamkrupt?
Would Greece care if Israel, Turkey or Macedonia went bankrupt? They get fat salaries without producing any good works!

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