Daniel Herkes

What Happens If Roubini Is Right?

Thanks for the interesting perspective. Dr. Roubini has been pretty quiet for a few weeks pending the directions of the US dollar and markets apparent direction. I would tend to agree that the asset bubble caused by the quantitive easing is in danger of bursting. How soon depends on how many of the debt instruments our creditor decide to purchase, and the perception that unemployment is a huge factor in the recovery. He has now spoken!