Saturday, February 28, 2009

Video: Nouriel Roubini on Nationalizing Banks and Global Economies


Very good insights shown by Nouriel Roubini on why nationalizing banks is a great idea and a view of where the current state of global economies may be.

From the series of few videos that were posted the last few days, may it be from Jim Rogers, Soros or Roubini, everyone seems to have one common opinion, that is growth for the next decade will not be as strong as the past few recoveries that we had experienced from the last 6 decades of recoveries.

With the U.S continuing to work to repair their economy, both on budget and trade, over the next few years, the world may have to go through a paradigm shift, as the largest consumer of goods and services globally, goes through a major overhaul. The recent economic and trade figures could tell very clearly, as specified by Roubini in this.

Enjoy this video..


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