Nouriel Roubini, "The bubbles, and there were many, have only begun to burst"
The economic carnage, according to Nouriel Roubini, is not nearly over. He believes the credit crunch will get worse before it gets better and economies around the world will suffer. However, Roubini feels that the risk of a financial meltdown has been reduced due to the radical actions of the central bankers.
Source:
http://www.midasletter.com/news/09010606_Warning-more-doom-ahead.php
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