Roubini "We're Going Into a Recession"

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Nouriel Roubini offers his latest forecast for the U.S. economy, the European debt crisis and economic challenges in China.

Roubini told Bloomberg TV, "we're going into a recession based on my numbers" and that "we are running out of policy tools" as the U.S. and European governments no longer have the resources to bail out their troubled banks.

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