Friday, April 30, 2010

Nouriel Roubini on The Milken Global Conference 2010

Roubini vs. Milken on Global Markets

U.S is in worst shape than Greece! Nouriel Roubini Discusses U.S.. Government Deficits-
Nouriel Roubini : “The trouble is if you are a private sector company you live and work in a market and unless you become more efficient you do not survive and you disapear , while in the case of governments that never happens , and if governments become effectively insolvent they default on their debts and that’s what may be happening soon in Greece and in the rest of the Eurozone and eventually what may happen soon in other advanced economies.”

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