The Justa and Lars Honors Bob Brinker Investment Club Thread Message Board

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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread

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Dec 10 4:00 PM EST

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To: marc ultra who wrote (6507)	10/16/2011 8:42:54 PM
From: joefromspringfield	1 Recommendation Read Replies (1) of 10065

Marc Great post. I took Brinker's comment today that those who are predicting a recession were wrong and would regret it to include Nouriel Roubini as well as ECRI. He went so far as to say the prediction was bogus. HOT ON FACEBOOK Double-Dip Recession a Foregone Conclusion: Roubini Published: Tuesday, 11 Oct 2011 \| 5:09 AM The world's advanced economies are headed for a second recession, regardless of whether there is further chaos in Europe, noted economist Nouriel Roubini told CNBC on Tuesday. Roubini — ... — said his reading of recent data suggested the U.S., euro zone, and the U.K. are already on the verge of falling into a recession in the next quarter or two. "The question is not whether or if there is going to be a double dip, but whether it's going to be mild or severe with another financial crisis," Roubini, head of Roubini Global Economics, told CNBC on the sidelines of the World Knowledge Forum in Seoul. "The answer on that depends on the euro zone."

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