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Roubini on Carry Trade

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Uploaded by on Nov 5, 2009

The mother of all carry trades faces an inevitable bust, Nouriel Roubini, chairman of RGEMonitor.com, told CNBC.

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  • This interview was from before Greece's debt was exposed.

    I think it'll be closer to 12 months, or even beyond, as they showcase weaknesses in the Euro. It doesn't change a thing. Just delays the inevitable.

    But it does give those of us in the know some time to accumulate more physical, real wealth and ditch the luxury toilet paper.

  • I agree with the next round of carry trade unwinding. The DJI will drop at the same time. He said 6 to 12 months,. Its now the end of April so its not too far away.

  • The world taxpayer!

  • whos gonna save the world this time?

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