Roubini sees weeds, not green shoots

(00:54) Report

June 16. - Renowned economist Nouriel Roubini says he sees many yellow weeds ahead in the current economic environment.

Economist Nouriel Roubini of RGE Monitor, speaking at the 2009 Reuters Investment Outlook Summit in New York on Tuesday, predicts the next 2 years of "low economic growth of around 1-percent" in the U.S. He says the unemployment rate will likely "peak next year above 11-percent."NATURAL SOUND ONLY, NO REPORTER NARRATION

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