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A bearish view from New York

Credit crunch - market volatility - insolvency - where next?

Nouriel Roubini is a professor of economics at New York University and he is not optimistic about what will happen in the US: The Forthcoming Fed Rate Cuts May Not Prevent a US Hard Landing .

If there is a hard landing in the US, then Europe and the UK will feel the bump.

 

 

Date: 20th August, 2007
Author: Chris Laughton

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