NOURIEL ROUBINI BLOG tracks the media appearances of Dr Nouriel Roubini his interviews articles debates books news speeches conferences blogs etc..Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Saturday, March 31, 2012
Roubini : The Markets are Schizophrenic
Nouriel Roubini : ".....Markets are sort of schizophrenic , until a month ago we were telling Italy and Spain and the others cut the budget deficit primary surplus , fiscal compact they are gradually doing it , now the recession is getting worse "“There’s this vicious circle with the deficit that doing austerity makes the recession worse,” he said. “Without growth, the socio-political backlash will become overwhelming for some governments.” - in CNBC Interview 30 March 2012