Dr.Nouriel Roubini wrote an article the Spanish magazine
El Economista in which he explained that Spain is headed for some hard time :
"“It’s true that Spain is not Greece, yet it’s not Ireland either, but if such an important economy is unable to stop the deficit slip toward the debt levels of Greece, the distinctions will end up being merely academic,” Roubini wrote , "Zapatero has exacerbated the problems in managing the crisis" and Labor wants to eliminate subsidized contracts
Full Article in Spanish >
Nouriel Roubini nicknamed Dr. Doom and lately Dr. Realist by CNBC , is a professor of economics at the Stern School of Business, New York University and chairman of RGE Roubini Global Economics, an economic consultancy firm . Prof. Nouriel Roubini A world-class economist who offers an unflinching look at the global meltdown and distinctive insights into its course going forward. His research on financial crisis in emerging economics has yielded a unique and now vindicated approach to future collapses. Roubini speaks on the global economic outlook and its implications for the financial markets. From his analysis of past collapses of emerging economies, he has identified common factors that support his predictions of crisis in the US and world markets. He has held several high-level advisory positions in the US government and international finance organisations, published numerous policy papers and books on key international macro-economic issues and is regularly cited as an authority in
