Nouriel Roubini: I fear the worst is yet to come

Investments, gold, currencies, surviving after a financial meltdown
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Marshall Kane
Posts: 37
Joined: Tue Oct 21, 2008 11:53 pm

Nouriel Roubini: I fear the worst is yet to come

Post by Marshall Kane »

John, looks like you have a soul mate. Story linked on Drudge today:

Nouriel Roubini: I fear the worst is yet to come
When this man predicted a global financial crisis more than a year ago, people laughed. Not any more...

http://business.timesonline.co.uk/tol/b ... 014463.ece

"Roubini told an audience of fellow economists that a generational crisis was coming. A once-in-a-lifetime housing bust would lay waste to the US economy as oil prices soared, consumers stopped shopping and the country went into a deep recession."

I love this line is from one of Roubini's critics:

“He hurt his credibility by being so pessimistic long before it was appropriate.”

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