In his latest article for Project Syndicate, Nouriel Roubini discusses whether the United States Federal Reserve’s decision to implement “a third round of economic easing”, known as QE3, will be a catalyst for economic growth.
“Will QE3 jump-start America’s anemic economic growth? Will it lead to a persistent increase in risky assets, especially in US and other global equity markets? Finally, will its effects on GDP growth and equity markets be similar or different?”
Roubini addresses these questions in his commentary, Hard to be Easing, examining the short and long term effects of QE3 on the American and global economy. Read the full article here.
Nouriel Roubini is more or less my role model. The way he can write about the economy in such a cogent and polished manner is indescribably amazing.