Friday, May 9, 2014

VIDEO -- Roubini: We Are at the very beginning of a Credit Bubble

Roubini: Slow exit will cause frothiness in markets May. 08, 2014 - 4:43 - Roubini Global Economics chairman Nouriel Roubini breaks down how a slow exit from QE will impact the markets and economy.

"All the risky things that were happening back in '06 and '07 are back again to the same level, if not more," "So we are in the beginning of a credit bubble, but just the beginning. A year or two from now, with the policy rate still barely above zero, the risk is that it becomes a full-fledged bubble."
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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