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July 5, 2019 | Roubini on Macro Factors Driving Global Recession

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

We have been talking and writing about the macro forces driving the present downturn for a long time. The fix needed is far larger than finding a new trade deal between America and China.  Roubini articulates many of the key issues in the clip below.  Sticking heads in the sand and hoping for indefinite debt-fuelled expansion cycles is not a prudent financial strategy.

Nouriel Roubini, chief executive officer at Roubini Macro Associates, discusses the global economy, geopolitical risk, the U.S.-China trade negotiations, the possibility of a global recession, how he thinks we can avoid it, China’s economy and global debt.  Here is a direct video link.

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July 5th, 2019

Posted In: Juggling Dynamite

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