Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

Roubini on Recovery - Not Till 2010

13 Feb 2009Deepak Shenoy1 min read

Quick Facts

What is "Roubini on Recovery - Not Till 2010" about?
What category is this article in?: General
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 13 February 2009.
How long does this article take to read?: 1 min read

A Roubini interview to start re-blogging:

Important to note the last bit: Going the way of Sweden, has some hope: Sweden took over the banks, hived off the bad assets, and sold the banks back to the private sector, and the economy recovered fast.

Going the way of Japan, which kept its bad banks alive, is a problem - they haven’t yet recovered. And yes, technically most of the top banks are insolvent.