"Mr. destiny": "train wreck tax" could come

LONDON - The United States economy is a "tax train" wreck waiting to happen that risk inaugurate a period of stagnation featuring a minimum growth, high unemployment and a deflationary pressure, American Economist Nouriel Roubini wrote on Friday. History: Economy growing modestly in the third quarter

In a commentary for the Financial Times, Roubini - one of the first economists predict crash the United States housing and known as "Dr. fate" for his pessimistic forecasts - said fiscal and monetary stimulus prevented another depression.

But he said that more quantitative easing of likely to be announced by the Federal Reserve that next Wednesday will have little effect on us in 2011 growth, "it should be lifted to avoid a double dip recession tax policy", he said.

He said the remains of U.S. "unsustainable budgetary course" and the likely composition of Congress after the elections in which Republicans look strong gains, game virtually takes a tax reform off the coast of the agenda next Tuesday.

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"..., The risk is something on the fiscal plan will snap... trigger could be a reversal of the debt crisis in a major u.s. State Government"he wrote.""

"The worst of the coming fiscal train wreck is prevented by the reserve fédérale.Mais flexibilities risk is (Obama)... and then... chairs a stagnation of Japanese-style, where growth is barely positive and deflationary pressures and high unemployment to dwell."

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