Friday, May 10, 2013

Roubini : In the Eurozone we have an outright Recession, and that is not going away

In the eurozone "we have an outright recession, and that is not going away," Roubini, who was dubbed "Dr. Doom" by the media and by market participants because of his pessimistic outlook on the economy at the onset of the financial crisis, said.He pointed out that if gross domestic product keeps falling, the ratio of debt to GDP will keep on rising: "it's leading to the situation getting worse rather than getting better." - in
Related Posts Plugin for WordPress, Blogger...