Thursday, July 16, 2009

Views on Economy Unchanged Despite Reports

"I have said on numerous occasions that the recession would last roughly 24 months. Therefore, we are 19 months into that recession. If, as I predicted, the recession is over by year end, it will have lasted 24 months, with a recovery only beginning in 2010. Simply put, I am not forecasting economic growth before year's end," said Roubini

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