Nouriel Roubini: Eurozone in Recession, US at Risk for One
December 07 — The eurozone is stuck in a recession, the Unied Kingdom is about to follow suit and the United States risks falling into a fresh economic contraction due to exposure to the debt crisis across the Atlantic, says New York University economist Nouriel Roubini.
The United States is growing very slowly, and risks technically falling back into a recession led by a fiscal drag, such as when government tax issues offset growth rates. Read more.
