Wednesday, February 3, 2016

Where is The Global Economy headed

Roubini : Advanced and emerging economies are slowing because of macro imbalances, financial excesses, debt and leverage, lack of structural reform and aging populations. Emerging economies are going to grow at 4-5% compared with 5-6% earlier. This is a new `abnormal' for the global economy .This will continue for a few years with maybe bright spots here and there but they would be exceptions as there are more downside risks than upside risks i ..

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 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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