BBC Hardtalk Interview with Roubini: “US Bail-Out Special”

[RedEarth]

The US House of Representatives' rejection of a $700 billion plan aimed at bailing out Wall Street sent markets plummeting.

None of this is a surprise to critics like economist Professor Nouriel Roubini from New York University.

Roubini predicted the current crisis back in 2006.

He thinks US Treasury Secretary Henry Paulson's rescue package is too late -- and furthermore, it's "totally flawed".

In a special programme, Professor Roubini joins Times columnist Oliver Kamm in the HardTalk studio.

Stephen Sackur asks them if we really are heading for another Great Depression.

Click here to watch the full interview

http://www.rgemonitor.com/blog/roubini/253830/bbc_hardtalk_interview_with_roubini_us_bail-out_special