Faculty News

In a live interview, Professor Nouriel Roubini shares his views on the current risks to the global economy at the World Economic Forum Annual Meeting in Davos

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Excerpt from Bloomberg -- "It depends very much on whether this is going to be a full scale trade war between the US and China or not. You have a scenario in which tariffs could be mild, another one in which you could have 25% tariffs on all the trade between the US and China... The direct trade impacts are low, but then you have to consider the impact on business and consumer confidence, on CAPEX, on financial markets, potential contagion, and therefor the direct trade links are small, but the indirect ones can lead to a greater impact on the global economy."

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