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Monday, November 2, 2009

Mother of all carry trades faces an inevitable bust

Mother of all carry trades faces an inevitable bust
Nouriel Roubini, Financial Times, November 1, 2009
The Fed and other policymakers seem unaware of the monster bubble they are creating. The longer they remain blind, the harder the markets will fall, writes Nouriel Roubini.

http://www.ft.com/cms/s/9a5b3216-c70b-11de-bb6f-00144feab49a,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F9a5b3216-c70b-11de-bb6f-00144feab49a.html&_i_referer=

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