Roubini: Global Slowdown Not "Just a Soft Patch"

[cieldumort]

CNBC
Chance of Another Round of Easing by Year-End: Roubini

There is a chance the U.S. Federal Reserve could unleash another round of quantitative easing by the end of the year, according to renowned economist Nouriel Roubini.

In an interview with CNBC on Saturday, the head of Roubini Global Economics said the probability of QE3 will become “

Comments

[badnewswade]

Funny how all the solutions to our problems which definitely get the banks lending again and the economy on its feet, seem to involve massive injections of cash into the pockets of rich bastards and massive withdrawls of cash from the pockets of everyone else...

[cieldumort]

Yes, funny. Your icon reminds me of something: I've been thinking, what with how well putting all the AAA subprime on the books and backs of taxpayers has been going, maybe the Fed will next start accepting spent fuel rods, too.