Saturday, June 13, 2015
Roubini Outlook on Chile, Argentina and International Trade
"We are living beyond our means ... and together we must act now" "It's not as if infinite wealth. There are thousands of new luxury products coming to market, and the question is, who will buy? If people start losing their jobs, who can afford to pay 2, 3, 4 or 5 million? You know 10,000 new investment bankers on Wall Street? "
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics