Roubini Says Eurozone ‘Wreck’ May Force Greece Out in Year
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Nouriel Roubini, the New York University economist who predicted the financial crisis, said Greece will probably leave Europe’s single currency within 12 months and could soon be followed by Portugal.
“The euro zone is a slow-motion train wreck,” Roubini said in a panel discussion in Davos, Switzerland today. “Not only Greece, other countries as well are insolvent.”