Bailout: It's About Capital, Not Liquidity; Seeking Beta ...

U.S. With the current economic and financial turbulence, Roubini Global Economics is providing additional extended analysis of ongoing and breaking events. The events of the past few weeks have been coming so fast and have inspired so much emotion and stress among all Americans, ourselves included, that it is time to step back from the heat of politics and refocus on the substance of risk and finance. That is, after all, why people read The IRA. We're not giving up the fight for sanity in Washington by any means, but we've got clients to serve and real work to do. It is the duty of citizens in a free and democratic society to speak up when we believe that our elected and appointed leaders are getting it wrong. This we shall continue to do, looking at the world through a prism concerned first and foremost by the national interest. But we are going to turn down the volume and, to recall the words of our old friend Alejandro Junco at El Norte in Monterrey, Mexico, declare war...
Originally from: http://www.rgemonitor.com/globalmacro-monitor/253784/bailout_its_about_capital_not_liquidity_seeking_beta_interview_with_robert_arvanitis

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