Roubini from Davos: "problems are global, but policies are national
Nouriel Roubini of Roubini Global Economics and Ian Bremmer of Eurasia Group appeared on “Bloomberg Surveillance” today from the World Economic Forum in Davos.
Roubini said that “problems are global, but policies are national” and that “coordinating among different countries is going to become increasingly difficult. Political tensions, economic and financial tensions, like currency wars, can lead eventually to protectionism.”
SOURCE: Bloomberg Television : transcript below