Tuesday, April 12, 2011

Roubini: Portugal Is a Real Mess

Mr. Connected, Nouriel Roubini, who usually doesn't make outrageous statements about the PIIGS unless he is actually hearing bad news from those in the know, thumbs:
Portugal may end up as a worse mess than Greece/Ireland. Plan A (bailout) may fail even before you can design Plan B (debt restructuring)

1 comment:

  1. In comparison, the USA makes all others look like robust thriving economies.