# Professor Nouriel Roubini comments on how Brexit will impact the UK economy

1 Faculty News October 9, 2016 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/articles/2016-10-09/may-to-court-eu-leaders-as-brexit-signals-rattle-global-nerves) -- "'The risk is not that the U.K. has a recession of two-three quarters; the risk is that the U.K. will stagnate at 1 percent growth for the next five years,' [Roubini](http://www.stern.nyu.edu/faculty/bio/nouriel-roubini) said."

[Read more](http://www.bloomberg.com/news/articles/2016-10-09/may-to-court-eu-leaders-as-brexit-signals-rattle-global-nerves)