Friday, November 11, 2011

Nouriel Roubini's prophetic words on Tremonti, Italy and EMU

Paul Krugman reminds us of an incident in 2006 where Nouriel Roubini told Giulio Tremonti a few home truths, much to the Italian Finance Minister's disgust:
Italy’s Tremonti’s Temper Tantrums on EMU in Davos…a Sad Embarrassing Episode for Italy…

Pity Italians didn't pay more attention - it could have spared them a lot of trouble.