Wednesday, June 17, 2009

Roubini sees yellow weeds, not green shoots

Renowned economist Nouriel Roubini says he sees many yellow weeds ahead in the current economic environment. Economist Nouriel Roubini of RGE Monitor, speaking at the 2009 Reuters Investment Outlook Summit in New York on Tuesday, predicts the next 2 years of "low economic growth of around 1-percent" in the U.S. He says the unemployment rate will likely "peak next year above 11-percent."

1 comment:

巴菲貓 BFM said...

Great blog on Prof. Roubini. He analyzed the economy with facts and common sense. I am a fan as well.

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