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Roubini: Asset bubbles have started to take shape By Prieur du Plessis, on January 28th, 2010 posted in: Investment, Markets, Money  One comment so far
Withdrawing economic stimuli and tightening monetary policy are very difficult future policy choices, but something has to be done because asset bubbles have started to take shape, Nouriel Roubini, chairman of Roubini Global Economics, told CNBC on Wednesday. “On monetary policy, exiting too soon is going to tip the economies into recession; the trouble is … now there is the beginning of an asset bubble that’s becoming global,” Roubini told “Squawk Box Europe” at the World Economic Forum in Davos, Switzerland. “The good news is there is a beginning of an economic recovery. The question is what’s going to be the shape of the recovery,” he said. Source: CNBC, January 27, 2010. More on this topic (What's this?) Nouriel Roubini Warns of "Stagdeflation" (Wealth Daily, 8/24/09) Flip-Flopping Roubini is Bearish Again (Wealth Daily, 8/20/09) Roubini: Worst is Over (Expected Returns, 7/16/09) 1 comment to Roubini: Asset bubbles have started to take shapeLeave a Reply |
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[...] video of an interview with Nouriel Roubini discussing his economic outlook: http://www.investmentpostcards.com/2010/01/28/roubini-asset-bubbles-have-started-to-take-shape/?utm_… The growth in federal subsidy programs (chart): [...]