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View Full Version : Roubini Says Stocks Will Drop as Banks Go ‘Belly Up’ - Bloomberg



NewsWhore
03-26-2009, 09:40 AM
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Roubini Says Stocks Will Drop as Banks Go ‘Belly Up’ (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaUzSQ01UhV6s%26refer%3Dhome&cid=1320821383&ei=34bLSe-MOJDYQeumiIII&usg=AFQjCNFoK4d0jkREh5otOdlaVM0ic_XB1Q)
Bloomberg
While the dollar will initially benefit as investors seek a safe haven in the US, the currency will ultimately drop as the nation’s trade deficit shrinks, he said. Roubini dismissed China’s call for the creation of a new international reserve currency ...


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