Thursday, January 5, 2012
Roubini : Ireland economy is clearly double-dipping
"Ireland is clearly double dipping : Irish Services PMI falls to 48.4 in Dec down from 52.7 in Nov, lowest level since Dec '10" wrote economics professor Nouriel Roubini in a twitter message from Germany where he is giving a speech on the 2012 global economic outlook . The EuroZone is falling into a recession and the core EuroZone is not immune from it he explained in another twitter message
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