Roubini Warns of W-Shaped Recession


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Nouriel Roubini is more concerned about looming inflation than Alan Blinder (see previous post).  The NYU economics professor and chair of RGE Monitor sees a looming "W-shaped"--or "double-dip"--recession for both Europe and the United States.  And today, speaking to CNBC from the Paris Conference on Long-Term Vlue and Economic Stability, Roubini warned of the effect of rising oil prices.

Posted 06-22-2009 10:06 AM by Graham Griffith
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