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Tuesday, 13 May 2014

#NEWS ALERT: Nouriel #Roubini - Too Many Co-Ed Women Cause Credit Bubbles????

Nouriel Roubini says ‘we’re in the beginning of credit bubble’ 

New York University economist Nouriel Roubini is presenting the case that the United States is “in the beginning of credit bubble,” alluding to signs that the debt market is overheating and the financial similarities between now and the start of the economic collapse.

Roubini believes the Federal Reserve, which has been continuing with its tapering efforts by reducing quantitative easing by an additional $10 billion to $55 billion per month, will begin to raise interest rates sometime in the middle of next year and boost fund rates to four percent by 2018.

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