# Prof. Nouriel Roubini on QE in Europe

1 Faculty News December 4, 2014>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2014-12-04/draghi-says-ecb-will-reassess-stimulus-measures-early-next-year.html) -- "'Europe is only one shock away from deflation and another recession,' \[[Roubini](http://www.stern.nyu.edu/faculty/bio/nouriel-roubini)\] told Bloomberg Television. 'The ECB should have done quantitative easing already. They’re waiting until it’s going to be too late.'"

[Read more](http://www.bloomberg.com/news/2014-12-04/draghi-says-ecb-will-reassess-stimulus-measures-early-next-year.html)

Additional coverage appeared on [Bloomberg](http://www.bloomberg.com/video/nouriel-roubini-lee-sachs-on-ecb-dollar-global-economy-e97am5MQQ3Cuo6xwKn5x8Q.html).