Nouriel Roubini: ‘Perfect Storm’ Coming for Global Economy in 2013
Posted by admin in Finance Monday, 5 September 2011 01:59 14 Comments
A “perfect storm” of events will collide in 2013 and throw the world back to economic crisis, warns New York University economist Nouriel Roubini. Roubini, who accurately predicted the timing and severity of the recent recession (December 2007), says investors have made overly optimistic US growth expectations for the second half of the year and could get burned. The economy will grow but at a sluggish pace, and those who haven’t priced that assumption into their investment models are going to pay.
Thumbs up if you think that lady is overrated and she has a terrible accent from sucking c*ck to get there.
let me guess, Nouriel Roubini is a jew?
wow! I clicked on that link above socyberty..and was accousted by 5 different advertisements at once and was automatically connected to some video.
don’t appreciate it.
I hope I did not get any malware on my computer.
Roubini is right. Austerity without taxes and stimulus will give us a fiscal train wreck 2013(deep recession,) The Congress and it’s 100% austerity and NO TAXES for the wealthy – is definitely the wrong way to go.
Austerity means laying off 10,000′s more people from public and private sectors, less money in paychecks, less money spent into the economy – & DOES NOT MAKE A DENT in the DEBT.
Nobody is trying to take away Rich peoples money – just to make them pay the same % tax others pay.
Back when Ross Perot was running for President he was talking about a giant sucking sound and it was that trade agreement which allowed all the jobs to leave the country. Bush cut taxes for the purpose of getting more tax revenue and it worked but that can only work so long. Government probme is when they get more revenue they always overspend it and then need more. Bush went liberal to get more things he wanted to fight wars and both parties voted yes to get what they want. Thanks for be civil.
@pn2543 rounini is smoking pot,socialism is imploding just as karl marx wanted it to.the only reson why the word is still on its feet is bcoz of remaining capitalism.once it ends consider the end of all things.
great depression is being caused by government intervention in free markets just like in 1930′s great depression.its so sad history is repeating itself.
@btaylor9661 You have to admit, all policies- from seriously cutting taxes on the rich, getting us into a few foreign wars, a medicare d plan that there was never a plan to pay for, those were all Bush policies, starting from Clinton’s surplus. You look at any chart about deficit increase and that’s what Obama inherited. Eight years of fiscal irresponsibility. Now I don’t think Obama has done what he should to figure this out, but the #s don’t lie and that’s what Roubini is talking about.
roubini has the straight dope, capitalism is imploding just like karl marx predicted, republicon tea baggers are too dumb to even run a hot dog stand and are driving us into great depression #3
I think Maria is real pretty – or was, but she spends her life suking jew cok =P
Roubini blames all of this on Bush I hear including the banking problem from a bill signed by Clinton in his closing days in office(look to NY Times article Sept. 30 1999 FHA, Google it please). Then US was attacked Sept 11 2001 and all hell broke loose in this country and money had to be spent with Homeland security. The problems where coming and had to be dealt with. Bush was certainly not perfect but this is not all his fault either. Obama is not all to blame either but lay some there.
ROUBINI IS PART OF THE ELITE.CLAIMING FOR MORE EXPANSION OF THE CURRENCY,BESIDES HE WAS PART OF THE COUNCIL WORKING FOR THE WHITEHOUSE!WHAT AN ASSHOLE.
Inspector Closeau, or closetJew… Did he say “Fiscal Drug”? Stupid fucking morons…
roubini = stupid keynsian jew
Sofia Lorren eyes