Tag Archive: nouriel roubini

Perfect Storm is Coming for Global Economy in 2013 With Possible Hard Landing Unless We Identify and Resolve Challenges

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October 15, 2012

Nouriel Roubini:

‘Perfect Storm’ Coming for Global Economy in 2013

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 U.S. 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.

Speech by the famous economist Nouriel Roubini at the

International Award Pilosio “Building Peace” 2012.

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Warnings from Dr. Doom not Predictions by Nouriel Roubini – Linda Wertheimer interview – August 12, 2012

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September 7, 2012

Nouriel Roubini Telephone Interview

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Economics: A “perfect storm” of events will collide in 2013 and throw the world back to economic crisis

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July 9, 2012

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 U.S. 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.

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Future Predictions: ‘Perfect Storm’ Coming for Global Economy Foreseen, May Not Be Preventable, a View by Nouriel Roubini

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June 2, 2012

“Those who haven’t priced that assumption into

their investment models are going to pay.”

Image Credit: iphonasia.com

A “perfect storm” of events will collide in 2013 and throw the world back to economic crisis, warns New York University economist Nouriel Roubini. 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.

“The second half is going to be slightly better than the first half only because the first half was awful.”

“Every economy in the world trying to push their problems into the future,” Roubini says.

“We are kicking the can down the road and all of this is going to come to a head in 2013.”

“I’m in favor of fiscal austerity but you have to not front load it. You have to commit to a medium-term plan. You have to cut spending and raise taxes,” Roubini says.

“The optimists say we are going to have 3.4 percent to 4 percent growth in the second half of the year. We have not had this growth rate even in the recovery so I can see growth being slightly above 2 percent, or at an average of 2.4 percent, but that means that growth is still below potential,” Roubini says.

“Unemployment remains high, housing is double dipping and you have the fiscal drag at the state and local governments and at the federal level, the stimulus is going away and QE2 is going away.”

“The consensus is overly pessimistic.”

Quote Sourced CNBC from Roubini: ‘Perfect Storm’ to Hit Global Economy in 2013

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Predictions: Nouriel Roubini What Could Possibly Go Wrong? Greece is Crumbling then What?

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May 17, 2012

Is a run on the Greek Banks Infectious?

“Greece’s banks have lost 72 billion euros in deposits since the start of 2010, or about 30 percent, according to data compiled by Thomson Reuters. Five of Greece’s top banks saw 37 billion euros taken out last year, including 12 billion from EFG Eurobank (EFGr.AT) and 8-9 billion apiece at National Bank of Greece (NBGr.AT), Piraeus (BOPr.AT) and Alpha Bank (ACBr.AT).”

Greece’s Best Option is Orderly Default?… Nouriel Roubini writes