Thank you for posting this! I've been reading Nouriel Roubini's website, RGE monitor, for a couple of years now and he predicted the subprime housing mess, the credit crunch, and a hard recession with stock market correction more than 1.5 years ago. Very unlike mainstream media economic, er, 'pundits'.
The solution is simple ,get rid of subprime mortgadgets and replace them with submarine mortgadgets with big bAAAllAAAst tanks ,only if house prices go up and the house is sold will investors in AAA S GET THEIR MONEY BACK ,this will allow the huge stock pile of unsold houses to be sold at market value to pessimists , who ,can look forward to bad times ahead with optimism
Thank you for posting this! I've been reading Nouriel Roubini's website, RGE monitor, for a couple of years now and he predicted the subprime housing mess, the credit crunch, and a hard recession with stock market correction more than 1.5 years ago. Very unlike mainstream media economic, er, 'pundits'.
crutchfieldgirl 3 years ago 3
The solution is to get rid of the Fed.
Piscivorus 3 years ago 3
(Roubini is a real economist, not a paid-to-spin apologist)
BubbFromGEI 3 years ago 6
The solution is simple ,get rid of subprime mortgadgets and replace them with submarine mortgadgets with big bAAAllAAAst tanks ,only if house prices go up and the house is sold will investors in AAA S GET THEIR MONEY BACK ,this will allow the huge stock pile of unsold houses to be sold at market value to pessimists , who ,can look forward to bad times ahead with optimism
ubornthick 4 years ago
death to america
cjlee41 4 years ago
f off
vikramkrishnan 3 years ago
Nouriel seems to think there might be a slight problem!well thats what happens when sodokumites run the economy
ubornthick 4 years ago
I'll quote Cramer, "booyyaaa"!
john67elco 4 years ago