Friday, January 27, 2012

Roubini : No Real Decoupling

Nouriel Roubini : "There is no real decoupling... there is a recession right now in the periphery euro zone,"
"There`s a recession throughout Europe, US growth is very anemic. There is a slowdown right now in China,"
"These will not be solved by the ECB printing money,"
"These are fundamental problems that are going to take years to solve... and now the contagion has spread." - in CNBC
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