April 28, 2010
The prolific Roubini is back! At the Milken Global Conference on a panel to discuss the Eurozone, Roubini indicated that “in a few days…there might not be a eurozone for us to discuss.”
That certainly is an extreme view. But if you have been following the Greek debt crisis, one thing is certain, and that is the credibility of the central banks is in question. Though Greek debt is certainly a problem, as the rest of the PIIGS are (Portugal, Ireland, Italy, Greece, Spain), the one issue is how do you get a group of countries to deal with the debt when it is spread out disproportionately between them. Germany’s motivations have been different than France’s for example for a reason.
The video is not embeddable, so here is a link to it.
And if you missed the panel on Commercial Real Estate on Monday, here is the link to that.
- ProLogis and AMB Present at Goldman Conference
- Treasury Reworking Tax Rules to Help Dampen Commercial Real Estate Fallout
- The Good Old Days Are Back
- Dr. Doom on CNBC
- Plotting Against the US Dollar