Roubini : There is not going to be anyone coming from Mars or the moon to bail out the IMF or the Eurozone

"Nouriel Roubini : "There's not going to be anyone coming from Mars or the moon to bail out the IMF or the Eurozone.""So at some point you need restructuring. At some point you need the creditors of the banks to take a hit —otherwise you put all this debt on the balance sheet of government. And then you break the back of government—and then government is insolvent." - in a recent interview with CNBC"

at  http://nourielroubini.blogspot.com/2013/04/roubini-there-is-not-going-to-be-anyone.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+NourielRoubiniBlog+%28Nouriel+Roubini+Blog%29