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Monday, July 9, 2012

Perfect Storm

"Dr. Doom" Nouriel Roubini says the "perfect storm" scenario he forecast for the global economy earlier this year is unfolding right now as growth slows in the U.S., Europe as well as China.

Read More Roubini: My 'Perfect Storm' Scenario Is Unfolding Now

Roubini says there is virtually no chance that "pump primimg" will work this time and that the governing class should let the coming bust work itself out. They won't. They can't. Which means it will be worse than it has to be...

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