Friday, September 2, 2011

Nouriel Roubini sees 60% chance of recession

By on Aug 31, 2011

Bloomberg TV's Margaret Brennan speaks to Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC. Roubini tells Brennan, "we're going into a recession based on my numbers" and that the Federal Reserve and other authorities no longer have the ability to provide emergency support.


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