Oracle Recession Crisis Alert!

Economist Nouriel Roubini, this time of crisis Oracle recently commented on the increasing prices of oil and 140 dollars to reach these prices in case of recession,re-motivate the economy, he said.

Roubini fragility of recovery with an emphasis on the global economy, EuropeanCentral Bank interest rate increase early in the problem to go under the euro zoneeconomies are still difficulties could be argued that the error ..

Roubini, "if oil prices seen in the summer of 2008, increases to $ 140 at this point,there will be double damage in developed economies,''he said.

However, Roubini, accelerated growth in the economy of the united states a 20 per cent to 15 per cent increase in oil prices, the country's economy would not lead todouble-down, but drew attention to the future growth to a halt again