"Oil could be closer to $100 a barrel towards the end of this year, this could be a negative shock to the economy, I see even the risk of a double-dip, W-shaped recession… towards of the end of next year," Roubini told "Squawk Box Europe."
The price of oil, which is rising too fast, and long-term interest rates that are beginning to creep up are likely to suppress a budding recovery, famous economist Nouriel Roubini, also dubbed "Dr. Doom," told CNBC Monday.
http://www.cnbc.com/id/31482098
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