No defence left against double-dip recession, says Nouriel Roubini – Telegraph

Posted on September 5, 2010

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The US has run out of bullets,” said Nouriel Roubini, professor at New York University, and one of a caste of luminaries with grim forecasts.

The bitter truth is that there is no way out of this with monetary and fiscal policy. They will just have to see their living standards go down. I see a decade of difficulties for the US

via No defence left against double-dip recession, says Nouriel Roubini – Telegraph.

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