Roubini predicts recovery with 1% growth, 11% joblessness

07/21/2009 | CNBC

When the economic recovery arrives in the U.S. it will be slow and "very ugly," said economist Nouriel Roubini, commonly called "Doctor Doom," during an interview on CNBC. "I see a 1% growth in the economy in the next few years," he said. "There will also be 11% unemployment next year, and the recovery is going to be slow."

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