businesses, consumers, and investors have a strong incentive to wait and do little. The problem, of course, is that when enough people wait and don’t act, they heighten the very risks that they are trying to avoid.
January 15, 2012
Roubini on growth, or lack of it.
Nouriel Roubini looks at signs of a growing economy and wonders why growth will be below trend. Considering the risks, and there are more than just a few, he believes that