Friday, February 20, 2009

Roubini: Europe's Banking System Faces Growing Risks

The one who saw the mess coming on Bloomberg TV, or via RGE Monitor ...

The themes discussed:

Concerns over sovereigns; Eurozone bank risks
Outlook for "massive" boost in U.S. deficit
Possible sovereign default in Eastern Europe
Stimulus; "temporary" bank nationalization
Pan-European solution to bank woes; costs
Euro; U.S. debt, stimulus efforts vs. world
Overhaul of global financial regulation

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