Monday, August 2, 2010

Roubini : The slowdown will feel like a recession

the global slowdown will worsen in the second half of this year as stimulus measures wane and austerity programs take hold.
The slowdown “will feel like a recession.”
The outlook for the euro zone “is worse” than the US and growth may be close to zero by the end of the year, Nouriel Roubini wrote last week in the Australian Financial Review newspaper,

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