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
Friday, May 10, 2013
Roubini : In the Eurozone we have an outright Recession, and that is not going away
In the eurozone "we have an outright recession, and that is not going away," Roubini, who was dubbed "Dr. Doom" by the media and by market participants because of his pessimistic outlook on the economy at the onset of the financial crisis, said.He pointed out that if gross domestic product keeps falling, the ratio of debt to GDP will keep on rising: "it's leading to the situation getting worse rather than getting better." - in emergingmarkets.org