Friday, September 30, 2011
Nouriel Roubini is Chairman and co-founder of Global Economics, a professor of economics at Stern School of Business at the University of New York. As the first alert on the impending crisis before 2008.
Sunday, September 25, 2011
Saturday, September 24, 2011
Friday, September 23, 2011
The risks ahead are not just of a mild double-dip recession, but of a severe contraction that could turn into Great Depression II
Thursday, September 22, 2011
Emerging economies have more ammunition available and should ease their monetary and fiscal policies.
Wednesday, September 21, 2011
Stimulus is needed and there is “not enough emphasis being given to economic growth in the euro zone,”
there is no single measure that will save the region from economic crisis. The euro zone must lower interest rates,
“huge mistake” to raise rates this year. Nouriel Roubini told reporters in Johannesburg today - in Bloomberg
Tuesday, September 20, 2011
Even if leaving the euro area would be hard, a return to the national currency “will restore competitiveness and growth, as was the case for Argentina and other emerging markets that have cut monetary anchors”, "Overnight, the foreign liabilities of Greece's government, banks, and companies would surge," said Roubini. "Yet these problems can be overcome. Argentina did so in 2001, when it converted its dollar debts into pesos. The U.S. did something similar in 1933, when it depreciated the dollar and repealed the gold clause."
"Like a broken marriage that requires a break-up, it is better to have rules that make separation less costly to both sides" said Roubini. - in The Financial Times article
Monday, September 19, 2011
The recent debt exchange deal Europe offered Greece was a rip-off, providing much less debt relief than the country needed,
Its best current option would be to reject this agreement and, under threat of default, renegotiate a better one,... - in the Financial Times.
Saturday, September 17, 2011
Friday, September 16, 2011
At this point the question is not double dip or not but rather how deep the recession will be: answer depends on policy response & EZ crisis - Nouriel Roubini via Twiter
Thursday, September 15, 2011
Wednesday, September 14, 2011
Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC. Roubini tells Brloomberg , "we're going into a recession based on my numbers" and that the Federal Reserve and other authorities no longer have the ability to provide emergency support.
Monday, September 12, 2011
Sunday, September 11, 2011
Saturday, September 10, 2011
"It is not enough to do fiscal austerity because if you don't have economic growth you can try to reduce debt and deficit, but if the denominator [collapses] then you're not going to achieve sustainability," Nouriel Roubini told CNBC Europe in an interview Monday