US Economy Facing Death by a Thousand Cuts Roubini
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@TWSceptic I wish he did but think he doesn't. Another man with a lot of keen insight who fails on this point is Niall Ferguson. They are, understandably, fearful of riots in the street if things collapsed but it takes a lot of eyes closed tight and fingers crossed to think that there is some magic bullet and that we can spend our way out of the structural mess created by the welfare/warfare mentality across the globe.
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@equsnarnd I agree, but he probably meant in the short term Bernanke prevented a large recession, but of course we know there is going to be an even bigger collapse, thanks to Bernanke. I certainly hope Roubini understands that too. ;)
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Well goodnight China I mean America!!
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October 2010 and USS Titanic is filling with water faster than it's being removed
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he's got the.. "you can't bullshit me" face
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Roubini is a hack if he thinks Bernake should have been reappointed and that his actions led to stopping a great depression. If he thinks that he knows nothing of the economy - because of the actions of the Fed and Bernake we are headed into the collapse of the dollar. And this idiot thinks the Fed obligating us to trillions of debt was a good thing? Time will prove him very very wrong, unfortunately.
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Systemic risk according to who---the banks themselves, that is the problem!
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@Keitai5263 I think America & China could fuck each other back into the stone age...
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@thomasmoonman Well, although we don't know who killed him, but yet, if money is any moving force in politics, maybe, he was kind of destined to die because, in ordering the treasury secretary to print US notes--non-interest bearing currency, currency which had not been borrowed into circulation through THE FED, and as such, began to displace the federal reserve note--the bankers felt that, he had reneged on the US commitment in the national bank act--Lincoln did the same thing.
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@phillipgaley JFK
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Finally one sane person (NR) on the screen. People are real dreamers and considering Lehman as the cause of the crises just show how fucked up all those talking heads are disguised by the talking points of Helicopter Ben with his cronies Obama et all. America you are totally fucked!
danben72 2 years ago 8
You know Roubini is speaking the truth when his right eyebrow is cocked (all the time).
zinkerled 2 years ago 7