Sunday, June 15, 2014

6 things that worry Dr. Doom

The economist known as Dr. Doom sounds relatively optimistic these days.

Nouriel Roubini says many of the risks to the global economy have abated and things are looking up.

Thanks to bold moves by the world's central banks, global economic growth this year should be closer to 2% rather than the "anemic" 1% of the past few years, Roubini said at an event hosted by Aberdeen Asset Management in New York.

But -- and there's always a but -- Roubini has a list of six things he believes could derail the economic recovery. It's worth remembering that Roubini correctly predicted the housing crisis and ensuing financial crash in 2008.
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Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
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