Sunday, December 29, 2013

Excessive Investment, Financial Crisis & Slow Growth

All historical episodes of excessive investment – including East Asia in the 1990s – have ended with a financial crisis and/ or a long period of slow growth. - in HSBC Global Banking and Markets

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
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