Monday, May 12, 2014

Roubini : America on its way to a New Credit Bubble

Read in Spanish here :

or The approximate translation from Spanish below : 

The economist warns that have returned some key factors associated with anterior to the financial crisis in the United States occurred in the 2008 period.
Renowned economist Nouriel Roubini, chairman of Roubini Global Economics, said the U.S. is in the beginning of a credit bubble but is not on the verge of a strong collapse.
In an interview with Fox Business, said that this was because the interest rates on federal funds remain low.
"This slow process of normalizing monetary policy will maintain the flow of loans, which helps support the economy, but will bring unsafe practices which would cause a bubble," said Roubini, known to predict the last crisis in 2008 .

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Related Posts Plugin for WordPress, Blogger...