Nouriel Roubini on EU’s trillion dollar band-aid

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Economist Nouriel Roubini says the $965 billion EU aid package helps in the short term, but long-term structural changes are necessary.

Source: CNN Money, March 11, 2010. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.

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2 comments to Nouriel Roubini on EU’s trillion dollar band-aid

  • Mike DeLong

    Am I the only one who wonders why Roubini gets so much press?

    Yes, he correctly predicted a housing bust in the US, but he made a bunch of other predictions, too. If I recall correctly he claimed 30% of hedge funds would fail and cause markets to freeze. Did that happen and I just missed it?

  • Nouriel’s time in the sun is coming to an end. He has made some inspiring calls in the past but his more recent work is too negative. Nonetheless we’ve put together some of his better interviews and articles at please check them out when you get a moment.

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