Tuesday, August 10, 2010

Nouriel Roubini : We are still in the middle of this crisis

Nouriel Roubini: “We are still in the middle of this crisis and there is more trouble ahead of us, even if there is a recovery. During the great depression the economy contracted between 1929 and 1933, there was the beginning of a recovery, but then a second recession from 1937 to 1939. If you don’t address the issues, you risk having a double-dip recession and one which is at least as severe as the first one.”

No comments:

Related Posts Plugin for WordPress, Blogger...