Faculty News

Prof. Nouriel Roubini on Europe's fiscal situation

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Excerpt from Bloomberg TV -- "At some point the Germans are going to decide, do I take the credit risk of backstopping Italian and Spanish debt in exchange for some loss of national fiscal sovereignty by Italy and Spain in which case the Eurozone has a chance to survive or otherwise this thing may be dissolved in the next few months."

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Additional coverage appeared on Bloomberg TV and Forbes.