Ex-European Commissioner: that’s not a Euro crisis, that’s a Eurozone disease
Published: 12 November, 2011, 18:25
TAGS: Crisis, Currencies, Russia and the global economy
Inefficiency of European fiscal authorities caused "the most perfect financial storm," says Peter Mandelson, former European Trade Commissioner. He explains how markets get the right people into the government more effectively than in elections.
Nouriel Roubini: Chaos in Europe would hit world harder than Lehman BrothersThe economic shock from the fall of Europe’s economies “could be much larger than from the collapse of Lehman Brothers in 2008,” warns Nouriel Roubini, the Dr. Doom of the global economy, who predicted the world recession three years ago. |
12.11.2011, 19:34
2 comments
Ex-Finance Minister: New crisis at the gate"The fuze is already burning," says Russia's former Finance Minister Aleksey Kudrin. He says the global economy is balancing on the brink of another recession and the second financial crisis is already upon us. |





