The risk of a double-dip recession is rising,
Nouriel Roubini writesin a
FTop-ed today. He cites two reasons: 1) Policymakers face
a 'damned if you do damned if you don't' choice between mopping up
excess liquidity and risking stag-deflation or allowing
inflationary expectations to rise. 2) The risk of a contractionary
shock if speculation drives oil back over $100.
Comment!
Really good, concise article. Thanks for posting.
Roubini was getting a little too upbeat himself for a while, but
seems to have got his feet on the ground again. I hope a
double-dip recession is all it is.
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Roubini One more time..... September is back
Posted by as2029 on 23rd of Aug 2009 at 07:35 pm
The risk of a double-dip recession is rising, Nouriel Roubini writes in a FTop-ed today. He cites two reasons: 1) Policymakers face a 'damned if you do damned if you don't' choice between mopping up excess liquidity and risking stag-deflation or allowing inflationary expectations to rise. 2) The risk of a contractionary shock if speculation drives oil back over $100. Comment!
Roubini
Posted by Michael on 23rd of Aug 2009 at 08:29 pm
Really good, concise article. Thanks for posting. Roubini was getting a little too upbeat himself for a while, but seems to have got his feet on the ground again. I hope a double-dip recession is all it is.