The current state of the world economy is succinctly defined in NYU professor, Nouriel Roubini’s statement: “…[A] ‘trillion’ has become the new normal.”
Let’s just hope that the people we elected into power, can steer the boat out of further storms that are stirring up ahead. Or at the very least, sail through without too much damage.
http://www.cnbc.com/id/37219897
Filed under: Business, Finance, World, bailout, financial crisis, financial reform, Nouriel Roubini