From CNBC: The Federal Reserve's commitment to loose monetary policy is
likely to lead to asset and equity bubbles in the next two years which could be
worse than the previous crisis, renowned economist Nouriel Roubini said in an
opinion piece for Project Syndicate.
Roubini, co-founder and chairman of Roubini Global Economics
famously dubbed Dr Doom for his accurate prediction of the 2008 financial
crisis, wrote earlier this week that "the problem is that the Fed's
liquidity injections are not creating credit for the real economy, but rather
boosting leverage and risk-taking in financial markets….”
Read all about it at http://www.cnbc.com/id/100698405
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