Nouriel Roubini: Risk of a "Near Depression"

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NYU Stern Business School Professor Nouriel Roubini was one economic forecaster who predicted the credit crunch, and this week he has been predicting more dire economic news ahead in 2009.  He's in Davos this week for the World Economic Forum, and he sat down with Bloomberg TV for an extended interview.  In this clip, he says the US may eventually need to "nationalize banks."

 


Posted 01-29-2009 5:17 PM by Graham Griffith
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