Roubini On US Downgrade: Bond Market Revolt Won't Happen |
| April 22, 2011 | April 2011 Bond Updates |
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Dr. Doom Nouriel Roubini gave his views on S&P’s recent outlook downgrade for U.S. government debt, considering it a “reminder” to Washington to do the right thing on Wednesday. Noting that short-term fiscal balance can be restored fairly easily, while long-term fiscal restructuring will require strong political will and will probably have to wait until after the 2013 elections. |
| View more at: http://blogs.forbes.com/afontevecchia/2011/04/20/roubini-on-us-downgrade-bond-market-revolt-wont-happen/ |
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