Friday, November 4, 2011

Roubini very bearish on Europe

"Our view is very bearish." Europe is a slow motion train wreck and there's a "significant risk of a Eurozone breakup." This doesn't mean Greece and Portugal leaving, it means Spain and Italy ultimately leaving as well, which would mean the whole thing is toast.- Nouriel Roubini told his Clients at a party he held yesterday in his apartment - via

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