This article is about the future of the recession. Nouriel Roubini disagrees with the ideas that the recession will be at the end in the middle of the year. He thinks it will be over more towards the end of the year. He also says that even after the recession the US growth will still be below potential. He says it will be this way for about two years. He says Asia has a more positve future than other places. Also foreign countries will rely more on their own growth rather than exports. I chose this because I saw the title and had to read what this guy thought about this recession problem. Yes, i agree with whats going on and reading Nouriel Roubini's backround i think he knows what he's talking about. I believe it was presented fairly because its Nouriel Roubini opinion and an opinion can't be wrong, to a certain extent. Yes i would use this source again.
Sunday, May 31, 2009
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Byron, I agree with you that Roubini's probably right. He was the only one predicting a recession when everyone thought the economy would go up forever, so his predictions carry enough weight that they make news in themselves without having to have an opposing point of view.
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