Oct 14, 2013

Without Market Discipline, There`s No Pressure To Do Anything

“Without market discipline, there’s no pressure to do anything because you can continue to finance yourself cheaply.” - in Washington Post

Related assets: 10-Year U.S. Treasuries, 30-Year T-Bonds;

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.