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  • 00:00THINKING YOU WOULD HAVE AN OPTIMISTIC VIEW ABOUT THE EUROZONE. TALK TO ME ABOUT BREXIT. THIS WILL PROBABLY HAVE RAMIFICATIONS FOR THE WHOLE WORLD. NOURIEL: IT DOES, THE CAUSE IF THEY DECIDE TO GO FOR BREXIT, MANY OTHER THINGS ARE GOING TO HAPPEN. IT IS GOING TO CREATE A HUGE AMOUNT OF UNCERTAINTY ABOUT THE FUTURE OF THE EUROPEAN UNION. THEN THE SCOTS ARE GOING TO SAY THEY WANT TO LEAVE THE UNITED KINGDOM. THEN IN SPAIN, THE CATALANS ARE GOING TO SAY ME, TOO, ME, TOO. AND THEN SOME MEMBERS OF THE EUROPEAN UNION, LIKE THE SWISS, ARE GOING TO SAY WITHOUT THIS -- WITHOUT THE U.K. IN THE EUROPEAN UNION, I AM NOT WANTING TO BE A MEMBER OF THE EUROZONE AND THEY WILL DECIDE TO LEAVE. SO IT COULD BE THE BEGINNING OF THE END OF THE EUROPEAN UNION, AND YOU COULD ALSO, GIVEN THE TENSION BETWEEN GREECE , GREXIT HAS BEEN AVOIDED.
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    Roubini Warns 'Brexit' Could Bring End of European Union

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Roubini Warns 'Brexit' Could Bring End of European Union

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April 8th, 2016, 11:11 AM GMT+0000

Nouriel Roubini, chairman at Roubini Global Economics and NYU Stern School of Business professor, talks about the potential impact of "Brexit" and how it could be the beginning of the end of the European Union. He speaks from the Ambrosetti Workshop in Cernobbio, Italy on "Bloomberg Surveillance." (Source: Bloomberg)


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