Monday, March 28, 2011

Roubini : The probability that Spain will lose in the next twelve months access to financial markets, is at 50 percent

"The probability that Spain will lose in the next twelve months access to financial markets, is at 50 percent," Economist Nouriel Roubini said recently in London in a speech to the London Business School of Economics. In the worst case could spill over the debt crisis of Europe, the United States. "It may well come in the bond markets to a rebellion against the United States." The probability is was low, but it is increasing. "We must not underestimate this risk."

No comments:

Related Posts Plugin for WordPress, Blogger...