To listen to a recording of the call, click Download MP3 above.
RGE Chairman Nouriel Roubini shares his thoughts and observations on his trip to the eurozone, presenting insight on the next policy moves and implications. Topics of discussion include:
- Will Italy and Spain lose market access; and if so, what would happen next?
- How will policy makers act to reduce unsustainable sovereign spreads? Is debt mutualization, debt monetization or leveraging of the ESM likely?
- Will the vicious circle of deepening recession, bank balkanization and public debt monetization be stopped and reversed?