Wednesday, September 16, 2009

One Year Post Lehman: "A Drunken Binge of Over"

See the CNBC interview here.
“The West, especially the Anglo-Saxon economies, went on a drunken binge of excess consumption, leveraged up the eyeballs with totally inadequate savings,” Roach said. “It was reckless, irresponsible and it’s over,” he added.

No comments:

Post a Comment