Friday, September 16, 2011

Nouriel Roubini : We are entering new recession

Nouriel Roubini : In August 0% jobs & retail sales growth. September looks worse based on initl unemp claims & other indicators. We are entering a recession

At this point the question is not double dip or not but rather how deep the recession will be: answer depends on policy response & EZ crisis - Nouriel Roubini via Twiter

1 comment:

Barnaby said...

Have we actually even come out of recession yet to enter a new one? Perhaps technically, but it doesn't feel like it.

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