Monday, January 21, 2013

Davos Doom Loses to Merkel-Draghi as Euro Defies Roubini

Dr. Doom got it wrong.
The parade of economists and investors led by Nouriel Roubini predicting Greece’s ejection by now from the euro zone failed to appreciate the resolve of European policy makers to protect their union and the amount of pain Greeks are willing to stomach. 


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Bloomberg