another subprime victim, page-177

  1. 306 Posts.
    And for the idea of the decoupling and the idea that consumers in the emerging markets will save the world

    Nouriel Roubini, economics professor at New York University and chairman of RGE Monitor, wrote on his blog that while U.S. consumers spend about $9 trillion annually, Chinese consumers spend about $1 trillion and Indian consumers about $600 billion.
 
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