Saturday, August 29, 2009

Double Dip recession threatens recovery Nouriel Roubini

Roubini Warns Of Double-Dip Slump

Roubini thinks that the global economy will bottom out later this year
Dr Doom Nouriel Roubini, a professor at New York University's Stern School of Business, said it appears the global economy will bottom out in the second half of this year, and that U.S. and western European economies will likely experience "anemic" and "below trend" growth for at least a couple of years.

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