Tuesday, November 3, 2009

Roubini Says Beware the Carry Trade Asset Bubble

Dr. Doom – AKA New York University Professor Nouriel Roubini – is at it again. The man who is credited with being the first to point to the questionable lending practices that ultimately led to the housing bubble and the global recession, is now taking dead aim at what he believes is setting the stage for the next financial crisis – a US dollar asset bubble. On Monday, Professor Roubini told CNBC that we are headed for the “mother of all

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