Star Economist Roubini Says Outlook Still Bleak

No one predicted the current crisis as accurately as Nouriel Roubini. His frequently bleak forecasts have earned him the nickname Dr. Doom. In his speech at Osec's Forum for Swiss Foreign Trade and Investment (April 2 - April 3, 2009), Roubini fully lived up to his name.

Category:

News & Politics

Tags:

• Financial Crisis
• Credit Crisis
• World Economy
• Dr. Doom
• Nouriel Roubini
• Roubini
• Credit Card Crisis
• Indebtedness
• Verschuldung
• Public Debt
• Current Account Deficit
• Economic Outlook

[VideoGameCoupons]

oh really?

[forwardmover]

I have a peeve about NOT this channel but sooo many channels.

Where is the DATE of the video? How am I supposed to know WHEN this video was created ... unless I do a search. What am I missing? Thanks

[Bouhezz]

No, I'm saying that all neoliberals and "establishment" economists despized Roubini while he was right. The only political current that also predicted the crisis was marxism. Roubini is not a marxist but in this case, his starting point is somewhat comparable to the marxist starting point namely: shallow resolving of multiple crises is leading to the sum of all "resolved" crises. That is something only marxists warned also for. Furthermore: don't be mistaken: the Keynesian model also failed.

[TheTopBloke]

@Bouhezz Are you on crack? How do you get that idea? Are you saying Roubini is a marxist because he understand Keynesian economics?

[Clichyabarbes22]

I think Roubini is deserving of the respect he's shown, but he was not the only one who saw this coming. There were other who were less prominent who saw the coming mess clearly.

[Bouhezz]

"No one predicted the current crisis as accurately as Nouriel Roubini."

No one exept for Marxists... it is because Roubini in essence (not explicitly) bases his analyses on marxist views on economics that he could predict it....

[drrobotnik999]

roubini was in favor of all of the bailouts and actually wanted the government to do more than it did. he wanted them to nationalize the banks temporarily, rather than just bail them out.

it seems like it's only the radical fringe that is worried about the government inflating the value of the dollar to "nothing".

i didn't take many economics classes at university, but the fact that none of the hardcore anti-keynsians have much regard doesn't lend much to what they have to say.

[ericclaptonismygod31]

Roubini rocks, but why is this guy soft on Keynes? He skillfully avoids taking a position on political issues, like why the government is inflating the value of money to nothing!

[akhla1]

China is oversupplying.

The west isn't buying

Al Qa`ida wants to mine sea lanes and blow up the insurance business.

It doesn't look good at the moment...