Monday, August 15, 2011

Roubinin Says Double Dip Recession Better Than 50% Chance

Nouriel Roubini is one of the economists who predicted the economic crash in 2008, watch this interview to see his views on where the economy is headed.
Economist Nouriel Roubini says the risk of a global recession is greater than 50 percent, and the next two to three months will reveal the economy's direction. In an interview with WSJ's Simon Constable, Roubini also says he's putting his money in cash. "This is not the time to be in risky assets," he says.

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