 |
| Nouriel Roubini |
Some of the other choice quotes:
- 'when Greece folds like a wet gyro, and it will...'
- 'the politicians at these meetings will not be the same ones at a similar meeting in two years'
- 'but if the marriage doesn’t work, even the threat of a messy divorce cannot keep couples together that are not a long-term match'
- 'Let me suggest to my fellow US citizens that you really pay attention to this. If you think that we can somehow avoid making difficult choices by kicking the can down the road, watch the European theater. And coming to a theater near you in a few years will be a real Japanese monster movie. Godzilla on steroids.'
Roubini's full analysis on why Greece and other PIIGS will ultimately be left with no choice but to exit the euro and return to their respective currencies (e.g., the Greek drachma)
here.
No comments:
Post a Comment