MercoPress. South Atlantic News Agency
Roubini says ‘perfect storm’ is closer; forecasts Finland will leave the Euro before Greece
Nouriel Roubini, or “Mr. Doom” who predicted earlier this year that a “perfect storm” scenario would play out in the global economy, has now said that his prediction is coming true, pointing to slow growth currently hitting the United States, Europe and China. Read full article
Comments
Disclaimer & comment rulesI live in Finland and he's talking crap. The only party who support an exit from the euro are PS, the right wing nutters. No other party supports that way forward. It would take a massive economic shift like the collapse of Nokia or some giant change of EU policy to convince Finland their future lies elsewhere. They're just not a reactive enough people and wouldn't do anything so drastic intil a good few others had done the same.
Jul 11th, 2012 - 03:44 am - Link - Report abuse 0“Like the collapse of Nokia”
Jul 11th, 2012 - 10:14 am - Link - Report abuse 0Samsung, Apple and HTC...
Only reason Nokia hasn't collapsed yet is because the entire world hasn't changed to smartphones yet...
wait & see
Jul 11th, 2012 - 02:03 pm - Link - Report abuse 0@1
Jul 11th, 2012 - 05:24 pm - Link - Report abuse 0I think the article is written stating that it was less of a desire on the part of Finland to leave the Eurozone and more of a necessity. Anyone with an ounce of sense can see that the Eurozone is doomed, you can keep papering over the cracks but that doesn't help when the rot has set in. Germany seems to think that every other country will be satisfied with being broke for the next 10 years whilst they are and will remain relatively wealthy. The no hopers like Spain, Portugal, Ireland and Greece have no choice but to remain unless they default, but you will soon see some of the others start to break away. The whole thing was I'll-conceived from the start.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!