Thursday, January 31, 2013

Nouriel Roubini : The US Political System is Dysfunctional

Summary of Nouriel Roubini's keynote speech in Manila praising the success of The Philippines "US economist hails PH success story Roubini noted that the US political system was dysfunctional and that this political gridlock would likely be a continuing source of noise for the economy.
While risks of a euro zone breakup had been averted, he said there were remaining risks on peripheral countries and in the case of China, risks of hard landing could not be ruled out for next year.
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