Economist Likens Global Economy To Stalled Airplane

Is a double-dip recession a possibility, or even a probability, for the global economy? Nouriel Roubini, Chairman of Roubini Global Economics, says it is a 50-50 proposition right now. Roubini compares most of the economies in the world to a stalled airplane which has decelerated to the point where a freefall is imminent.

Is a double-dip recession a possibility, or even a probability, for the global economy? Nouriel Roubini, Chairman of Roubini Global Economics, says it is a 50-50 proposition right now. Roubini compares most of the economies in the world to a stalled airplane which has decelerated to the point where a freefall is imminent.

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