Quantcast
Channel: Business Insider
Viewing all articles
Browse latest Browse all 61976

ROUBINI: I Just Visited A Dozen Cities Around The World And I Saw Many Challenges

$
0
0

ISTANBUL – In the last four weeks, I have traveled to Sofia, Kuala Lumpur, Dubai, London, Milan, Frankfurt, Berlin, Paris, Beijing, Tokyo, Istanbul, and throughout the United States. As a result, the myriad challenges facing the global economy were never far away.

In Europe, the tail risk of a eurozone break-up and a loss of market access by Spain and Italy were reduced by last summer’s decision by the European Central Bank to backstop sovereign debt. But the monetary union’s fundamental problems – low potential growth, ongoing recession, loss of competitiveness, and large stocks of private and public debt – have not been resolved.

Read more at ProjectSyndicate.org.

Please follow Money Game on Twitter and Facebook.

Join the conversation about this story »


Viewing all articles
Browse latest Browse all 61976

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>