Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, believes the US is heading towards a deep recession and said those claiming the downturn will be mild are “delusional.”. “There are many reasons why we are going to have a severe recession and a severe debt and financial...
The global economy may get the worst of the 1970s and the Great Recession: A stagflationary debt crisis that would confound central banks and fiscal authorities
Headlines bearing Nouriel Roubini’s name can be triggering to those still traumatized by the 2008 Lehman Brothers crisis. He was among the very few economists who saw that meltdown coming and warned of its many knock-on effects. More recently, New York University’s Roubini has been a stone in the...
‘Dr. Doom’ Nouriel Roubini predicts a U.S. recession by the end of 2022—and long-term high inflation
Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations. New York University professor and notorious doom-and-gloom economist Nouriel Roubini said the U.S. economy is not yet in a recession but “we’re getting very close to it.”. “My...
Long-term crypto critic Nouriel Roubini is working on a digital dollar through Atlas Capital Team L.P. that will serve as “a more resilient dollar,” Bloomberg News reported. Atlas Capital, co-founded by Roubini, will work with web3 developer Mysten Labs to develop the “United Sovereign Governance Gold Optimized Dollar.”...
Despite dips and disruptions from new variants of COVID-19, 2021 turned out to be a relatively positive year for economies and markets in most parts of the world. Growth rose above its potential after the severe recession of 2020, and financial markets recovered robustly. This was especially the case in the United States, where stock markets reached new highs, owing partly to the US Federal Reserve’s ultra-loose monetary policy (though central banks in other advanced economies pursued radically accommodative policies of their own).
'Dr. Doom' economist Nouriel Roubini says the Fed may 'wimp out' from tightening monetary policy if growth slows
"I think they're going to end up being dovish," in the face of slowing economic growth, says Roubini about the Fed's plan to tighten monetary policy.
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Economist Nouriel Roubini, known for his gloomy-yet-accurate prediction of the 2008 financial crash, warned in a recent op-ed that the global supply chain crisis combined with high debt ratios and ultra-loose monetary and fiscal policies threaten to turn the “mild stagflation” of recent months into a stagflationary crisis. Roubini argued...
Sep.21 -- Nouriel Roubini, CEO at Roubini Macroassociates, discusses the impact of global fiscal and central bank policy on inflation, economic growth, and inequality. He speaks on "Bloomberg Surveillance."