Thursday, January 28, 2016

This financial crisis is not going to be as bad as 2008 - 2009 crisis

It is not going to be like 2008-09. There is not the excessive leverage in the financial system that there was last time.



Roubini on China

My view for the last few years on China is that we will have neither a hard nor a soft landing. I would say China is going to have a bumpy landing

The big thing that should happen is China should stop kicking the can down the road and get on with some serious structural reforms.