Monday, August 30, 2010

Nouriel Roubini's Pessimism

Editorialist Kwon Sun-hwal reminds us that the man who "gained fame for his prediction of the U.S.-triggered global economic crisis in 2008" has "warned against reckless optimism over economic recovery," "said the situation could further worsen and that several countries will face a double-dip recession," and "said the latest crisis will not end with just one attack, adding that the global economy must endure low growth over the next several years" — Double Dip Fears.

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Omnes Sancti et Sanctæ Coreæ, orate pro nobis.