Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. The Nouriel Roubini warning: Now Roubini is warning that the staggering amounts of debt held by individuals, businesses, and the government will soon lead to …
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Megathreats, deglobalization and the end of European greatness
The world has entered a geopolitical depression, writes Dr. Nouriel Roubini, pointing at severe megathreats that spell dark days ahead. This new era will resemble the tumultuous decades between 1914 and 1945, as the U.S. economic, financial, security unipolar world is challenged by four powers – China, Russia, Iran and North Korea. “There is a sharply rising risk …
Read More »Nouriel Roubini on Megathreats, Greenwishing, China and the Weaponization of the dollar
“Severe megathreats are imperiling our future – not just our jobs, incomes, wealth, and the global economy, but also the relative peace, prosperity, and progress achieved over the past 75 years. The relatively “golden” period between 1945 and 1985 is over.” Nouriel Roubini on Megathreats: “Now we are entering a new era that will more closely resemble the tumultuous …
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