Dr. Dooms and the paradoxical

Discussion in 'Economy' started by Maggdy, Nov 20, 2015.

  1. Maggdy
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    Maggdy Silver Member

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    "Economist Nouriel Roubini (alias dr. dooms) said Tuesday the Paris attacks could end up boosting the eurozone economy if the European Central Bank decides to increase its program of monetary stimulus by a larger margin than it would have otherwise. In an interview with CNBC, the founder of Roubini Global Economics said the the impact of the attacks would otherwise be 'modest', unless more follow. Roubini also discussed his views on China, saying he expects the world's second-largest economy to experience "a bumpy landing" as it becomes more consumer-oriented. On the subject of the Federal Reserve, Roubini stressed that whether the central bank raises interest rates in March or December is largely irrelevant to market's long-term performance. The long-term pace of interest-rate hikes would have a much larger impact, he said."
    Nouriel Roubini says Paris attacks could boost the eurozone economy

    Thanks to dr. dooms, for the exceptional optimism.
     
  2. EdwardBaiamonte
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    EdwardBaiamonte Platinum Member

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    how does monetary stimulus help an economy anyway??
     

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