Thursday, February 18, 2010

Roubini on Retail Sales Numbers CNBC 12 February 2010

Consumption growth is anemic says Nouriel Roubini

people are running out of money to spend earlier in the month says Nouriel Roubini in an economy where consumption counts for 70% of the GDP , that's the real problem with the economy ....
Getting reaction to the latest retail data, with Jerry Webman, of Oppenheimerfunds, and Kevin Ferry, of Cronus Futures Mgmt.

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