Constantine S. Sirigos
The famous Guru of Wall Street, NYU Professor Nouriel Roubini
NEW YORK – Nouriel Roubini, a distinguished economist who
gained renown by identifying the elements which led to the Great
Recession of 2008 spoke on “Greece and the Eurozone: The Road-Map
Ahead,” at an event presented by The Hellenic American Bankers
Association (HABA) in partnership with Bloomberg, LP, in Manhattan on
February 9. Unlike other statements he has made over the past year,
Roubini did not declare Greece should default on its external debt, nor
did he explicitly predict Greece would do so. However, he presented
Argentina as an example of one of four paths Greece might take.
Argentina, which defaulted and devalued its currency in 2002, generated
strong export-driven growth that ended its own debt crisis.
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