[lbo-talk] they don't make mega-bears like they used to

SA s11131978 at gmail.com
Wed Dec 24 15:18:58 PST 2008


Doug Henwood wrote:


> Financial Times - December 23, 2008
>
> Light at the end of the tunnel after a year of stagnation
> By Nouriel Roubini
>
> The following is an edited transcript from a video interview with
> Nouriel Roubini, by Aline van Duyn.
>
> FT: What's in store for 2009?
>

In his US News interview he also said there was a 1 in 3 chance of a Japan-like decade of stagnation. Japan is Japan, but I don't think the American polity/psyche could handle that without some deep adjustments.

SA



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