Nouriel Roubini on Bloomberg TV

[nilson4]

must be related to Nostradamus

[fp5carbon1]

what a party pooper. he is merely an academic peering out from the safety of his ivory tower.

a good economist does not necessarily make a good investor.

[NYyankeeboi]

Looking back, it still appears hes correct... maybe even toned it down for U.S. audiences...

[itillbeme]

"its not even gonna work" at 3:24 in. Goodnight.

[Aztekss]

we should listen him more...

[CEDARWOOD1983]

roubini is iranian but jewish

[cannuckistan]

The dude knows his shit. Everything he predicted came to pass: an additional 20% decline in the stock market, collapsing oil prices....

[NYyankeeboi]

"Privatizing the gains, and socializing the losses" that should go down as the quote from 2008...

[wagola]

I agree

[anana88]

NO, He is the man from the future.

[lycaza]

He is an economic genious, that did not owe anything to anybody, that is why they called pesimist?

[theband2]

omg he stole my brain, i used to be that fast to reply but lately i have to stop and think. Give me back my brain you alien.

[theband2]

what date was this ?

[KhmerD0g]

Added: July 17, 2008

[Srhandel]

He was on Charlie Rose' show about a month ago, he is a financial genius who everyone said was too pessimistic. He was obviously ahead of the pack...

[awaken69]

this guy is brilliant

[dattexas]

Amazing. Why don't we listen?

[Diomedes01]

He was dead on the money.

Roubini, Shiller and Schiff. And Buffett too. The four horsemen that dared speak the truth while Greenspan, Bernanke and Paulson were asleep at the switch.

[falcon2154]

Buffett hasn't been right about shit. Roubini, Schiff, Faber, Rogers, and Soros are winners here. Buffett agrees with Paulson and Bernanke. He's just a coward and love deprived.

[Diomedes01]

The richest man in the world hasn't been right about shit? Boy, that's an intelligent and well founded argument.

Buffett was one of the FIRST individuals that indicated that the derivatives market would end in disaster. Buffett was one of the FIRST individuals that commented on the size and severity of the housing bubble.

And for the record, Roubini has also indicated that the bailout endorsed by Paulson is necessary to prevent a disaster.

Get your facts straight numbnuts.

[falcon2154]

Okay you stupid fuck, Roubini has endorsed capitalizing banks not buying worthless liabilities. And if you read Berkshire's 2007 annual report, you will see that Buffett invested billions in derivatives, then he comes on CNBC and says that derivatives are "financial WMDs". Buffett is good at picking undervalued stocks but he is clueless about macroeconomics. He says so himself.

[magichandpuppet]

this guy called it.

[flengyel]

Roubini says that the plan to bail out Fannie and Freddie is "socializing the losses and privatizing the gains." Absolutely right.

[repo4sale]

Genius! Me too! 198 Properties sold to hot buyers from 2001 to 2007. HA! Sold at the top! Cash is king till 2020!

[rotinek]

watch?v=TKa5vgZxVWU