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Tuesday, August 7, 2012

Roubini: London Deserted - Olympics An Economic Failure

Nouriel Roubini : " After Warnings of an Olympic Crush, Businesses Suffer in a Deserted London. New York Times http://soc.li/Io2Nv2k ""UK policymakers scared so much folks before the Olympic that London is a deserted city: non-olympic tourists are away; Londoners are gone! "
" The Olympics are an economic failure as London is totally empty:hotels, restaurants, streets. They scared all off with crowd excess warnings "
"By scaring every1 to stay out of London with warnings about too many people coming here it turns that London is totally empty, a zombie city ""The West End - usually packed on any Saturday night - was an empty waste land last nite: barely a soul to be found in theaters, bars, etc "
"They scared away all non-olympic tourists that pack London all summer;they pushed most Londoners to escape;they told 2million to work @ home " - in Twitter
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Nouriel Roubini nicknamed Dr. Doom and lately Dr. Realist by CNBC , is a professor of economics at the Stern School of Business, New York University and chairman of RGE Roubini Global Economics, an economic consultancy firm . Prof. Nouriel Roubini A world-class economist who offers an unflinching look at the global meltdown and distinctive insights into its course going forward. His research on financial crisis in emerging economics has yielded a unique and now vindicated approach to future collapses. Roubini speaks on the global economic outlook and its implications for the financial markets. From his analysis of past collapses of emerging economies, he has identified common factors that support his predictions of crisis in the US and world markets. He has held several high-level advisory positions in the US government and international finance organisations, published numerous policy papers and books on key international macro-economic issues and is regularly cited as an authority in