Pickle Real Estate

Reading Between the Head-Lines

Roubini: No confidence in government exit strategy

2009-06-26 Bloomburg:

In this Bloomberg segment Dr. Nouriel Roubini shares his thoughts on why pundits proclaiming the stabilization of the housing market are wrong and why the current policy path is unsustainable and likely to have a messy exit. My favorite part? The idea of our debt ballooning from 40% GDP to 80%. Lovely. Can you say bust?

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July 20, 2009 - Posted by | Banking, Foreclosure, Investments, Stats

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