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Sunday, October 28, 2012

Roubini : US Airlines should declare Bankruptcy & shut down

Nouriel Roubini : " US airlines should declare bankruptcy & shut down: they just canceled my Shuttle from DC to NY. Their planes are turkeys that can't fly "
"It would be merging 2 turkeys that can't fly @Shteyngart: Can you imagine what the proposed merger of US Air and American would look like? "
"US airlines are the most pathetic anti-deluvian pieces of junks ever flying. & they use octogenarians that should have retired 20 years ago " said Roubini on twitter today

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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