"Unless you have economic growth in the area you're not going to solve the euro-zone crisis, warning of a potential global economic crisis.
It's not about Greece anymore. The crisis has spread to Spain, Italy and even Germany.
Europe is still a disaster zone and the likelihood that a weaker country will exit the union is still high. In case of a disorderly default, we're going to have a global economic crisis and a recession in developed economies. We are running out of policy options. - in The WSJ.com
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Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.