NYU Professor Roubini on the Wires

Written September 3, 2010 at 8:52 AM EST by  

Roubini Says:

  • US job data extremely mediocre
  • Sees advanced economies growth below potential
  • Eurozone growth ‘weak at best’
  • U.S.; Japan both at risk of double dip recession
  • Bumpy road for recovery
  • Hopefully we can avoid the double dip recession
  • Fiscal adjustment in spain ‘Not Enough’
  • US economy slowing
  • Any stimulus in the U.S. wouldnt be meaningful
  • Sees fiscal drag next year of as much as 1.5% of GDP

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