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Archive for May 2010

Will the US gain from Europe’s crisis?

Economist Tim Duy thinks so. Duy says the Eurozone’s problems will be a “net positive” for the US: Bottom Line: The European crisis, by keeping US interest rates in check and oil prices low, may do more to help the US recovery than hurt it. In the process, however, we would expect the flip side […]

Roubini: “new stage in the crisis”

Here is an interview with Nouriel Roubini, conducted by Jon Snow of Britain’s Channel 4 News. Roubini says: We’re at the new stage of the crisis. Initially the crisis was excessive debt and leverage of the private sector, houses and financial institutions. Now we’ve socialised many of the private losses, we’ve put them in the balance sheet of the governments. So […]

May 2010
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