Wednesday, January 23, 2013

ROUBINI: Things Still Suck (5 Big Risks Still Facing The Global Economy)




From BI:  Tired of all this bullishness, and talk about how there's nothing to worry about anymore?
Don't worry. That's why God gave us Nouriel Roubini.  He has a new article at Project Syndicate that could pretty much be titled: Things still suck.  It's actually titled The Economic Fundamentals of 2013 and, spoiler alert, he says the fundamentals aren't good.

Roubini identifies four big risks to the global economy. They are:

The US still hasn't really gotten through its fiscal cliff/debt ceiling stuff.
The Eurozone's problems won't be resolved, and things will re-ignite in the second half of the year.
China has been forced to restimulate its economy. That will fade by the second half of this year.
The BRICs are seeing growth decelerate.
Geopolitical risks (Pakistan, Middle East, etc.)

Read more: http://www.businessinsider.com/roubini-there-are-still-5-big-risks-facing-the-global-economy-and-any-one-of-them-could-result-in-a-recession-2013-1#ixzz2IoxqdsrU

No comments:

Post a Comment