"Today in the eurozone there is absolutely no talk about a growth agenda. While there is plenty of discussion about banking and fiscal union, and in the absence of economic expansion, you'll have eventually social and political backlash against austerity." - in an IMF conference under the title Rethinking Macro Policy II: First Steps and Early Lessons
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.