Archive for July, 2011

• Greece Financing Offer: I Am Not Going to Say I Told You So, But…

  Nouriel Roubini July 28th, 2011

  For over a year, RGE has argued that a solution to the Greek debt insolvency crisis should include an orderly and market-oriented but coercive debt exchange, with a par bond for hold-to-maturity investors (banks, insurance companies, pension funds) and a discount bond for mark-to-market investors (hedge funds, etc.). And indeed, the EZ has now proposed, [...]

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• The Eurozone’s Last Stand

  Nouriel Roubini July 18th, 2011

  As we have been arguing for over a year, Greece is not just illiquid; it is also insolvent and will not regain market access until its insolvency is resolved. Even if Greece were to fully implement the draconian 10%-of-GDP fiscal adjustment program imposed by the IMF and EU, the country’s public debt would reach over [...]

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• July 4th Bloomberg Interview – Roubini Says Spain, Italy Risk Losing Market Access

  Nouriel Roubini July 12th, 2011

  July 4 (Bloomberg) — New York University professor Nouriel Roubini discusses Spain and Italy’s austerity programs, European Central Bank policy and the outlook for the global economy. The Roubini Global Economics LLC co-founder speaks with Bloomberg HT’s Ozlem Dalga at the Aspen Ideas Festival. (/Bloomberg)  

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• CNBC Video – ‘Perfect Storm’ Coming for Global Economy in 2013: Roubini

  Nouriel Roubini July 7th, 2011

  CNBC –’Perfect Storm’ Coming for Global Economy in 2013: Roubini  

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