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Posts Tagged ‘roubini’

Assif Shameen: Predicting trends by following Roubini

January 7th, 2011 | No Comments

REMEMBER NOURIEL ROUBINI? The New York University economist was the lone voice six years ago on financial-news shows warning of a huge US real estate bubble that would burst so badly that it could shake the very foundations of the global financial system. Those days, of course, he was invited to business talk shows as some sort of comic relief, while investment banks pushed an array of mortgage-linked instruments as a sure way to riches. Hacks made fun of “his downbeat message, combined with an accent reminiscent of a James Bond villain”. Despite more dire warnings from mainstream economists who quietly joined Roubini’s cries of wolf, the US housing bubble just kept burgeoning.

Roubini: India May Overtake China within a Year

September 4th, 2010 | No Comments

Nouriel Roubini made an interesting point about India and China this week:Roubini warned that world growth leader China was too dependent on exports to the struggling West and predicted that within a year its economic growth will be overtaken by Indi…

Roubini: “Deleveraging Requires The Writing Down Of Debt As Reflationary Policies Are Not A Free Lunch And Won’t Solve The Debt Overhang Problem”

November 2nd, 2009 | No Comments

Nouriel Roubini writes:Ultimately, deleveraging requires the writing down of debt as reflationary policies are not a free lunch and won’t solve the debt overhang problem (Dr. Roubini). Important case study: Japan back into deflationary territory despit…

Gross, Roubini, Ritholtz and Smithers All Forecast a Correction

October 27th, 2009 | No Comments

Bill Gross says assets are overvalued and the rally is over.Nouriel Roubini – who called last year’s crash – said last week that “a big crash is coming”:Thereâ€™s a huge bubble, because we have zero rates in the U.S., zero rates around the world and a …

Roubini and Taleb: Government’s Socialization of Losses Is Destroying the Real Economy

September 17th, 2009 | No Comments

In an essay last month, Nouriel Roubini wrote:This is a crisis of solvency, not just liquidity, but true deleveraging has not begun yet because the losses of financial institutions have been socialised and put on government balance sheets. This limits …

Roubini: The World Faces a “Rising Risk” of a Double-Dip Recession

September 10th, 2009 | No Comments

Nouriel Roubini recently told The Financial Times (as summarized by Huffington Post):The world faces a “rising risk” of a double-dip recession.Roubini’s increasingly vocal about the risk of a recession relapse in the past few weeks…”I do agree with t…

Roubini: â€œWhen Governments Reach the Point Where They Are Borrowing to Pay the Interest on Their Borrowing They Are … Running a Ponzi Scheme”

August 28th, 2009 | No Comments

In a new essay in Forbes, Nouriel Roubini writes:Net public debt is going to double as a share of GDP between 2008 and 2014. Even using the very optimistic forecasts of the Congressional Budget Office, which anticipate growth of around 4% over the next…

Roubini: “This Is a Crisis of Solvency … But True Deleveraging Has Not Begun Yet Because the Losses of Financial Institutions Have Been Socialized”

August 24th, 2009 | No Comments

In an essay entitled “The risk of a double-dip recession is rising”, Nouriel Roubini affirms two important points:This is a crisis of solvency, not just liquidity, but true deleveraging has not begun yet because the losses of financial institutions hav…

Roubini: Reduced Selling of Gold by Central Banks Should Support Gold Prices

August 10th, 2009 | No Comments

Nouriel Roubini writes:Reduced central-bank gold selling and increased investor buying may have been helping to underpin high prices in 2008 at a time of turmoil in financial markets. The renewal of the central-bank gold selling agreement with a lower …

Nouriel Roubini: Why Bernanke Deserves To Be Reappointed

July 26th, 2009 | No Comments

LAST week Ben Bernanke appeared before Congress, setting off a discussion over whether the president should reappoint him as chairman of the Federal Reserve when his term ends next January. Mr. Bernanke deserves to be reappointed. Both the con…

Roubini: Economic Recovery To Be ‘Very Ugly’

July 21st, 2009 | No Comments

Nouriel Roubini, the economist whose dire forecasts earned him the nickname “Doctor Doom”, told CNBC Monday that the economic recovery is going to be “very ugly.”

“The recovery is going to be subpar,” Roubini said. “I see a one percent growth…