Great Depression 2.0
Ahead of this weekend's summit of EU leaders, Nouriel Roubini has been touring Europe, speaking to policy-makers and economists. He argues that if the world is to avoid a slide into depression, some radical policies need to be implemented by European leaders as well as the ECB. In addition, the UK, US and emerging economies have a role to play in staving off Great Depression 2.0. A brief synopsis of Roubini's policy recommendations are available here.