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Arsh

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Taurus1

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Eurozone in danger, ECB should ride to the rescue: IMF
There are doomsday predictions all over.

Roubini sticks to 2013 'perfect storm' prediction
By Edward Krudy

NEW YORK | Wed Jul 18, 2012 4:01am IST

(Reuters) - Economist Nouriel Roubini is standing by his prediction for a global "perfect storm" next year as economies the world over slow down or shudder to a complete halt, geopolitical risk grows and the euro zone's debt crisis accelerates.

Roubini, the New York University professor dubbed "Dr Doom" for predicting the 2008 financial crisis, highlighted five factors that could derail the global economy.

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http://in.reuters.com/article/2012/07/17/roubini-outlook-idINDEE86G0I920120717
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Taurus1

Well-Known Member

saivenkat

Well-Known Member
"There might be a weak rally because people are being cheered by more quantitative easing by (Chairman Ben) Bernanke and the Fed, but if the economy is weakening, that is going to put downward pressure on earnings growth," said Roubini

Global markets are bound to face a Storm - 2013
http://in.reuters.com/article/2012/07/17/roubini-outlook-idINDEE86G0I920120717

In other words..we would be encompassed by stagflation..

IMHO, our political parties will not allow.. these doomsday predictions to give effect in our country.. may be the spillover effect would be there, which is unavoidable..

The reason, why is say is that.. political parties.. will be busy in giving concessions to the industrialists.. in the name of reforms.. SO THAT THEY COULD FACE THE 2014 LOKSABHA ELECTIONS WITH EASE..:)
 

Taurus1

Well-Known Member
Dax and Cac -3% and US following.
Tomorrow is going to be a cracker.
 

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