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Worst Financial Crisis Since the Depression?
That is what Nouriel Roubini is calling it. He predicts widening financial contagion across the banking and financial systems, and a prolonged U-shaped recession of the US and global economies. Don’t...
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Mania to Panic
Dr. Doom, Nouriel Roubini says the worst is not over: A real financial panic is coming, and governments will be forced to shut down the financial markets for a week or more as the economic crisis...
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Beyond the Bailout – New Thinking Required
Had a great chat with BusinessWeek’s Mike Mandel this morning on the crisis, its geography, and what to do about it. Then I came across this post by Nouriel Roubini (via Naked Capitalism). With...
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Crackpots, Ideology, and Economics
Remember your economics courses in college? Dull, dry, and you were always trying to figure out what the theory and mathematics had to do with reality beyond what you learned from the world that, in...
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Department of Huh?
Larry Summers (via Calculated Risk) says a key objective of economic policy must be to: …address the problem which has, frankly, gone unattended for much too long of declining house prices. Calling...
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Dr. Doom is a “Member”…
Nouriel Roubini straightens the record: I work very very hard and I also enjoy life. My home is also partially a cultural salon where I host book parties, debate and election night events, independent...
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The Long Road Back
Felix Salmon points to Julia Ioffe’s TNR story on Nouriel Roubini, zeroing in on the long journey back to recovery. Given the right changes, perhaps the United States can develop with the productive...
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