Wednesday, January 27, 2010

Asset Bubble Is Beginning Now

"On monetary policy, exiting too soon is going to tip the economies into recession; the trouble is… now there is the beginning of an asset bubble that's becoming global," Roubini told "Squawk Box Europe" at the World Economic Forum in Davos, Switzerland.

"The good news is there is a beginning of an economic recovery. The question is what's going to be the shape of the recovery," he said.

http://www.cnbc.com/id/35078010

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