Wednesday, September 25, 2013

The Fiscal Problems in the US are severe, but not as severe as in Japan

Nouriel Roubini : “The fiscal problems in the US are severe, but on a relative basis, they’re not as severe as in Japan, the euro zone and the UK,” he said. “The Fed will exit the zero-interest-rate policy faster than the BOJ, BOE and ECB [Bank of Japan, Bank of England and European Central Bank], and the dollar will strengthen.” - in afr.com



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