Monday, October 27, 2008

This is looking dire not just for housing

Nouriel Roubini: I fear the worst is yet to come

What does Roubini think is going to happen next? Rather worryingly, in London last Thursday he predicted that hundreds of hedge funds will go bust and stock markets may soon have to shut – perhaps for as long as a week – in order to stem the panic selling now sweeping the world.

Posted by v stor @ 08:27 AM (536 views)
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