Roubini: Deleveraging grind will go on

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Find below an excellent video from Nouriel Roubini on the prospects for global growth next year. A still slow US, lagging Eurozone, and sharply slowing China in the second half are all things to look forward to. I agree with everything Dr Doom says today.

Comments

  1. Is it just me or are those Bloomie journos (not sure that is the right word) like sand papering your teeth.

    It’s easy to get distracted with the noise so it’s nice to have the debate brought back to fundamentals so well. The world wants to and needs to de-leverage, central banks are doing everything in their power to stop this because for governments this is to horrible to contemplate.

    • Ha you can almost hear him saying ‘I’m having a little party” in that laconic style.

      Stil, better to be out in the desert digging up dirt eh