Wednesday, December 07, 2011

UH-OH: ROUBINI THINKS ANOTHER CRASH IS LIKELY

New York University professor Nouriel Roubini [WHO PREDICTED THE LAST CRASH] said Wednesday that Europe's debt troubles are so profound that the continent is falling into a "recession that will get worse and worse."

And a deep recession likely will lead to another financial panic that could spread around the world — an outcome that will be " very painful," he said.
CRAP.

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