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Nowhere to go
The Economist (blog) That's one reason why even famous bear Nouriel Roubini says its more likely America avoids recession than falls back in. He is right that the risk is … |
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Nouriel Roubini, the New York University professor who predicted the financial crisis in 2006, talks with Bloomberg’s Rhonda Schaffler about his view of the US Treasury’s capital injection plan for banks and his belief the economy is in a deep, prolonged recession. Source: www.bloomberg.com
 The Business Insider |
Nouriel Roubini Teaches A Lesson In How To Write A SERIOUSLY Negative …
The Business Insider Ladies and gentleman, may we present EXHIBIT A in why Nouriel Roubini is the pre-eminent Dr. Doom, and all of the other doomsayers play second fiddle. … Roubini: 2nd Half Looking Worse, Double Dip Over 40% Likely |
View full post on “nouriel roubini” – Google News
Have you ever been sittin’ at home watchin’ television and suddenly something comes on the TV and you say to yourself, “Hey, how come my life ain’t like that?” Or maybe you’re sittin’ lookin’ in a magazine, you see some pictures, some advertising, you says, “Man, I must really suck because my life sure ain’t like that.” Did you ever feel that way? Yeah- Well, you wanna know why your life isn’t like what you see on TV and in movies, in magazines and such, you wanna know why? ‘Cause that’s all bullshit! That’s right- Don’t you go believing movies and TV and rock videos and all that crap, come on, I mean- All that is is somebody else’s fantasy, you know what I’m sayin’ to you? In fact, all it is is really more like a “Grand Illusion.” Welcome to the grand illusion Come on in and see what’s happenin’ Pay the price get your tickets for the show The stage is set, the band starts playin’ Suddenly your heart is pounding You’re wishing secretly you were a star But don’t be fooled by the radio The TV or the magazine They’ll show you photographs Of how your life should be But they’re just someone else’s fantasies So if you think your life is complete confusion ‘Cause you never win the game Just remember that it’s a grand illusion And deep inside we’re all the same We’re all the same So if you think your life is complete confusion ‘Cause your neighbor’s got it made Just remember that it’s a grand illusion Deep inside we’re all the same America spells competition Join us in our blind …
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Roubini: 2nd Half Looking Worse, Double Dip Over 40% Likely
Daily Reckoning – American Edition (blog) 09/02/10 Stockholm, Sweden – Nouriel Roubini, or “Dr. Doom” as he's also known, is a New York University professor and co-founder of Roubini … Roubini: 'No Chance of a V-Shaped Recovery' |
View full post on “nouriel roubini” – Google News
Roubini Sees Worst Recession in 40 Years, Stock Drop (Update3) Oct. 14 (Bloomberg) — Nouriel Roubini, the professor who predicted the financial crisis in 2006, said the US will suffer its worst recession in 40 years, driving the stock market lower after it rallied the most in seven decades yesterday. “There are significant downside risks still to the market and the economy,” Roubini, 50, a New York University professor of economics, said in an interview with Bloomberg Television. “We’re going to be surprised by the severity of the recession and the severity of the financial losses.” The economist said the recession will last 18 to 24 months, pushing unemployment to 9 percent, and already depressed home prices will fall another 15 percent. The US government will need to double its purchase of bank stakes and force lenders to eliminate dividends to save them from bankruptcy, Roubini added. Treasury Secretary Henry Paulson said today he plans to use $250 billion of taxpayer funds to purchase equity in thousands of financial firms to halt a credit freeze that threatened to drive companies into bankruptcy and eliminate jobs. “This will be the first round of recapitalization of the banks,” Roubini said. “The government has to decide to intervene much more directly in the provision of credit and the management of these companies.” The Standard & Poor’s 500 Index rallied the most since 1933 yesterday, rising 12 percent, on the government plan to buy stakes in banks and a …
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Roubini: 'No Chance of a V-Shaped Recovery'
AMERICAblog (blog) by Gaius Publius on 9/01/2010 02:18:00 PM And in "fun with economics" news, this from Nouriel Roubini. My headline is his headline. … |
View full post on “nouriel roubini” – Google News
Nouriel Roubini discusses various details of the mega-bailout bill concluding that it is essentially junk legislation.
 Business Standard |
Global slowdown woes return
Business Standard Some, like economist and professor Nouriel Roubini, believe chances of a double-dip recession in the US have increased to 40 per cent, while others stress … |
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more infos at www.nourielroubini.blogspot.com