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Saturday, December 17, 2011

Roubini 2012 Outlook : a Bumpy Ride worldwide

Roubini 2012 Outlook Overview: Euro Zone in deep recession; US at stall speed with 50% double dip risk; China sharp slowdown : In his Project Syndicate column entitled The Global Economy Will be "Fragile and Unbalanced in 2012" doctor Nouriel Roubini wrote that "The outlook for the global economy in 2012 is clear, but it isn’t pretty: recession in Europe, anemic growth at best in the United States, and a sharp slowdown in China and in most emerging-market economies," RGE also predict US growth very anemic at 1.4% in 2012 in baseline scenario. But 50% probability of a double dip , and Euro Zone in a deep recession in 2012. Getting worse because of fiscal austerity and China in sharp slowdown but also a Sharper Slowdown Ahead in 2012 for Turkey so 2012 is going to be a Bumpy Ride worldwide worldwide
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Nouriel Roubini nicknamed Dr. Doom and lately Dr. Realist by CNBC , is a professor of economics at the Stern School of Business, New York University and chairman of RGE Roubini Global Economics, an economic consultancy firm . Prof. Nouriel Roubini A world-class economist who offers an unflinching look at the global meltdown and distinctive insights into its course going forward. His research on financial crisis in emerging economics has yielded a unique and now vindicated approach to future collapses. Roubini speaks on the global economic outlook and its implications for the financial markets. From his analysis of past collapses of emerging economies, he has identified common factors that support his predictions of crisis in the US and world markets. He has held several high-level advisory positions in the US government and international finance organisations, published numerous policy papers and books on key international macro-economic issues and is regularly cited as an authority in