According to the Huffington Post, “The U.S. economy is a "fiscal train wreck" waiting to happen that risks ushering in a period of stagnation featuring by minimal growth, high unemployment and deflationary pressure, U.S. economist Nouriel Roubini wrote on Friday.
The Financial Times, “Roubini -- one of the first economists to predict the housing crash in the United States and known as 'Dr Doom' for his pessimistic forecasts -- said fiscal and monetary stimulus had prevented another depression.”
First Posted: 10-29-10 09:52 AM | Updated: 10-29-10 09:54 AM
For more information check out the full article at:
http://www.huffingtonpost.com/2010/10/29/nouriel-roubini-fiscal-train-wreck_n_775870.html?fbwall
