Nouriel Roubini thinks Ben Bernanke is wrong. Economic recovery 2010 Recession is not over!

Roubini usually doesn't usually use words like scary. So what's coming must be...scary!

Category:

News & Politics

Tags:

• obama
• deception
• ben
• bernanke
• nouriel
• roubini
• economic
• recovery
• stocks
• gold
• dow
• jones
• depression

[YankeeClippa]

Why does he think the Government should take over the Banks?  That's fishy to me.. Just let 'em FAIL!

[Siavashdaman]

Roubini for treasury

[TWSceptic]

@ChaoticSouls It creates irresponsible behavior , the government should stay out of it, they've already done enough damage as it is.

[bodizone1]

it is reasonable to think the states WILL NOT recover, and are in a depression that has just begun

[hookalakah]

"This morning, analysts learned GDP grew by only 1.6% in the last four quarters. This is a remarkable discovery. It’s the difference between thinking we’re expanding at a decent, if disappointing, pace, and knowing we’re growing around half our historical norm.

...To adopt the president’s favorite metaphor of the ditch and the driver: The ditch was a 33% deeper than we thought. And we’re driving 33% slower than we hoped." --Derek Thompson, The Atlantic

[truexposure]

i heard the new Coalission government in UK want to put up VAT to 20%

they News say VAT is low in UK compared to europe, but in Netherlands and france they don not charge VAT on items in shops as i remember when i,ve been there.

The News seems to be brainwashing lies , or provoking anger etc

Where has all the MONEY GONE from the Recession Debts , they are still trying to steal OUR money

x

[truexposure]

i heard the new Coalission government in UK want to put up VAT to 20%

they News say VAT is low in UK compared to europe, but in Netherlands and france they don not charge VAT on items in shops as i remember when i,ve been there.

The News seems to be brainwashing lies , or provoking anger etc

Where has all the MONEY GONE from the Recession Debts , they are still trying to steal OUR money

x

[ChaoticSouls]

@YankeeClippa Because the problem with letting them fail is you have a domino effect because they are so big and deflationary pressures. You should let zombie banks fail though. What he is saying here is that nationalize them and sell it off instead of wasting bailout money on them.

[remotehog1]

take the marbles out of your mouth and say that again in english .

[doubleestark]

People can make money with bear market rallies, but this requires people to have the capital to invest. Those who have six figures to play the market will make money. Those who have lost their jobs with no savings will need to borrow and go into further debt, and will have no money to buy mutual funds let alone pay rent.

[ciyean]

It's nine months later and everything seems pretty good to me... I just closed this year making over 6 figures doing nothing but writing stupid songs about having fun! This recession ROCKS!