# Prof. Nouriel Roubini's op-ed predicting a recession is 2013 is cited

1 Faculty News November 20, 2012 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/con_034412.gif?itok=MRidxYS3)>

Excerpt from [CNBC](http://www.cnbc.com/id/49898014) -- "'Until now, the recessionary fiscal drag has been concentrated in the euro zone periphery and the U.K.. But now it is permeating the euro zone’s core,' [Roubini](http://www.stern.nyu.edu/faculty/bio/nouriel-roubini) wrote."

[Read more](http://www.cnbc.com/id/49898014)