Economy - Economics USA

World at Risk of Global Systemic Financial Meltdown and Severe Global Depression

10-10-08 • RGEmonitor.com/roubini

Nouriel Roubini The US and advanced economies’ financial system is now headed towards a near-term systemic financial meltdown as day after day stock markets are in free fall, money markets have shut down while their spreads are skyrocketing...