Economist Nouriel Roubini is standing by his prediction for a global "perfect storm" next year as economies slow down or shudder to a complete halt, geopolitical risk grows and the eurozone's debt crisis accelerates.
Economist Nouriel Roubini stands by his prediction for a global "perfect storm" next year as economies slow down or shudder to a complete halt, geopolitical risk grows and the eurozone's debt crisis accelerates.
Nouriel Roubini, the economist who famously predicted the financial crisis, said he is sticking to his view that the global economy is on course for a "perfect storm" next year.
Economist Nouriel Roubini is standing by his prediction for a global 'perfect storm' next year as economies the world over slow down or shudder to a complete halt
I just finished reading Nouriel Roubini's seven point analysis on the Bursting of the Gold Bubble in which Roubini's asks and answer the question "Gold skyrocketed to over $1,900 per ounce in the fall of 2011 from $800 in early 2009, but has since collapsed by around 27%. Why?"
I offer a point-by-point rebuttal.
A "global perfect storm" looms for 2013 in which the U.S. economy could fall back into recession and the euro zone will begin to break up, according to the latest gloomy forecast from economist Nouriel Roubini.