Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the… — Nouriel Roubini Copy Share Image
There are several silver linings on the horizon. The current account deficits in Spain and Portugal are declining because they have become… — Wolfgang Schauble Copy Share Image
The U.S. has been living in a situation of excesses for too long. Consumers were out spending more than their income and… — Nouriel Roubini Copy Share Image