“If we didn't have greed, market economies wouldn't be as innovative as they are. But in my view, greed has to be contained by the fear of losses, so there has to be a system where, if you take too much risk, you go into bankruptcy. You don't systematically bail out people who take excessive risks.”

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About Nouriel Roubini

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"If we didn't have greed, market economies wouldn't be as innovative a…" — Nouriel Roubini | Daily Quotes