Experience Stern | News & Events

Excerpt from Bloomberg -- "'Maintaining a growth rate of 7 percent for the next few years is not possible,' Nouriel Roubini, an economist who teaches at New York University’s Stern School of Business, said at the China Development Forum on Saturday. 'The only way you could do so is by increasing further the amount of credit relative to GDP and that increase of leverage eventually is going to lead to massive losses.'"

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