Tuesday, March 29, 2011

Nouriel Roubini : Spain too large to be saved

Nouriel Roubini : " Spain is not only too big for it could be allowed to fail - it is also too large to be saved."
Roubini told a German newspaper , Nouriel Roubini is one of the few economists who warned in 2006, about the financial crisis. Because of his often pessimistic forecasts, he also carries the nick name "Dr. Doom" He did not rule that the debt crisis could spread to Italy and Belgium.

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