Nouriel Roubini: I fear the worst is yet to come
Posted: Sun Oct 26, 2008 7:29 pm
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.”
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.”