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ROUBINI: Recession Is At This Point Unavoidable, And It Could Be Worse Than 2008
Nouriel Roubini is calling it this morning, following a bout of dismal economic data around the world. Europe and the U.S. are "effectively in recession" and there's nothing policy makers can do to save them.
"Economy already in recession. Whatever the Fed does now is too little too late."
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