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Thursday, June 28, 2012

Roubini : Europe Situation May Turn Disorderly

Europe Situation May Turn Disorderly, Roubini

Roubini : "The European leaders already had 18 summits of the leaders in the past two years. The last summit, the headline newspaper was the leaders decided to postpone key decisions. Now there are 19 summits. Now they're supposed to come up in one summit with a political union, with a banking union, with a fiscal union, with a transfer union, with a growth compact and resolve the problems that haven't been resolved for years. Changes are the Germans are want to say no to European-wide deposit insurance."

NOURIEL ROUBINI BLOG