Saturday, November 12, 2011

Roubini : France could lose its AAA status

Nouriel Roubini Interview with Reuters from Moscow Nov 12 2011 : Nouriel Roubini : My biggest worry (regarding Europe) is series of debt restructuiring and default in the Eurozone followed by some of the member states exiting the Eurozone and eventually the break-up of the Eurozone , at this point the contagion spread from Greece to Ireland to Portugal to Cyprus to Italy and Spain and now even to french and Belgian Banks , even France could lose its AAA status

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