Sunday, August 1, 2010

Roubini Sees Market Crash All Over the World

October 30, 2009 by goldguru · Leave a Comment 

The Daily Reckoning New York University Professor Nouriel Roubini, who recently saw the recovery as “U-shaped,” is now concerned a dollar rebound will cause global markets to crash. His main concern is the carry trade in the US dollar. The dollar is being borrowed at near-zero interest rates to then be invested into a wide [...]