Sunday, January 6, 2013

Roubini predicts further fiscal crises for US, will get "messy"

Nouriel Roubini : "It won't be long before there is another crisis. Two months, in fact." "That is only the beginning later in 2013 a bigger debate on medium-term fiscal consolidation will begin." He added that "a big fight about entitlements should be expected as well as a series of little fights over tax reforms" and the whole process will likely "soon get messy." - in globalpost
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