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Roubini said current sources of uncertainty and volatility, including systemic risk in Europe, political gridlock in Washington, an unsustainable growth model in China, and the myth of decoupling will haunt the global economy in … a “G-Zero world.” G-Zero means there is no entity including the G-20 that has the power or influence todirect policy. [...] Nouriel Roubini may be about to get kicked out of the pessimism porn club as he now is saying if governments continue being proactive, we may survive this thing after all. Meanwhile, Ron Paul raises the bar for disaster chic, saying we have a 15-year depression coming – but then he’s been a nutball buy-guns-and-gold [...] |  | ||||
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