roubini

Nouriel Roubini of New York University said the UK data suggested "the risk of a double-dip or long-term stagnation are not done forever" .

If it lasts six quarters, as Prof Roubini warns, offsetting policy action in the rest of the world would be too little, too late.

If Nouriel Roubini of the Stern School in New York were to be right (as he has been hitherto), they are.

"The Bank of Canada is going to stay on hold, " Roubini said.

On the contrary, holds Roubini, such a standard can only make things much worse.

"The United States, " Roubini remembers thinking, "looked like the biggest emerging market of all. "

NYU Economics Professor Nouriel Roubini believes that the risk of a double dip recession is growing in the United States .

Roubini said the risks confronting the global economy were evenly balanced.

True though this may be, Roubini's critics do not agree that his approach is any more accurate.

However, these economies may be able to sustain today's policies for longer than Mr Roubini expects.

Mr Roubini is a brave soul to put a date on the great China collapse.

Both of these effects allow 'a massive transfer of income from the household sector to the corporate sector, ' Mr. Roubini says.

"Spain isn't off the cliff; it's still a few miles away, but moving pretty fast, " Mr. Roubini said.

Although Roubini is derided for being excessively bearish, he too believes China will collapse due to an excessive allocation of investment.

Recently, Professor Roubini's scenarios have been dire enough to make the flesh creep.

If the eurozone has decided that it must avoid that threat, then it must go back to the first on the menu of options laid out by Mr Roubini.

Roubini also reiterated his forecast last month that there is a 40 percent chance that the U. S. economy would slip back into recession.

Roubini won't say how much he thinks the exchange rate has to change exactly.

In a more recent note, Professor Roubini predicts a combination of stagnation and deflation*.

We should of course add that we have no idea or opinion about any of the assertions Mr. Roubini is making, or the facts of the case, or Mr.

Back in 2005 and 2006, Mr Roubini sounded warnings about the property bubble and the dangers of the American current-account deficit.

Mr Roubini is also right when he says the plan's details reveal continued reliance on investment, especially public housing to boost growth.

As Nouriel Roubini argues on this page, a departure from the euro may ultimately be in Greece's long-term interests.

Economist Nouriel Roubini told The Washington Post that "already in a month [China has] done more than in the last 10 years. "

But Roubini was unnerved by what he saw in the U. S. economy, in particular its 2004 current-account deficit of $600 billion.

Nouriel Roubini is Professor of Economics and International Business at Stern School of Business of New York University.

"In every dimension, people are worse off than they were, " said Mr. Roubini, the New York University economist.

The book that Roubini ultimately wrote (with the economist Brad Setser) on the emerging market crises, "Bailouts or Bail-Ins? "

Roubini began studying these countries and soon identified what he saw as their common weaknesses.

Mr. Roubini puts the odds of that happening at 40%, compared with about 20% for most economists.

On a cold and dreary day last winter, I met Roubini over lunch in the TriBeCa neighborhood of New York City.

Nouriel Roubini, also known as "Dr Doom" , predicts a downturn.

At Davos 2011, economist Nouriel "Dr. Doom" Roubini told CNN that rising commodity prices posed the greatest threat to global stability.

Nouriel Roubini of New York University, a chronic bear, is in this camp.

"There's a huge amount of anger, " says Roubini, better known as Dr. Doom for having predicted the 2007-2008 financial crisis.

Analysts at Roubini Global Economics assisted in the research and writing of this piece.

New York University's Nouriel Roubini, for one, is already near-synonymous with the current meltdown.

Roubini sees the United States turning into "the USSRA, the United Socialist State Republic of America. "

Prof Roubini predicts a short-term rise in inflation, followed by deflationary pressure as too much capacity comes on stream.

Mr. Roubini says the cost of the financial system's losses could reach $2 trillion.

For his part, Roubini is known for having accurately forecasted the collapse of the US economy in 2008.

"If they start the reconstruction fast enough, the policy stimulus might lead to a recovery of growth, " Roubini said.

Economist Nouriel Roubini warned in October the recovery would be more U-shaped than V-shaped.

Prof Roubini's views and forecasts are far from the mainstream.

His defenders contend that Roubini is not unduly pessimistic.

Nouriel Roubini sees mortgage losses being repeated on business property loans.

Likewise, a fall in economic activity as such doesn't cause deflation and economic slump as suggested by Roubini and mainstream economists.

Of course, Mr Trichet knows the future no better than Mr Bernanke, Mr Roubini or Mr Buiter.

Roubini says that a diminution of the dollar's reserve status would mean that 'interest rates on both private and public debt would rise.

The most notable example is probably the late economist Hyman Minksy, of whom Roubini is an avid reader.

Mr. Roubini singles out the car industry as an example. This year, car sales jumped from eight to 12 million vehicles, a 50% increase.

"Europe is divided, " said Mr. Roubini, the economist.

This means the reduction in capital is estimated at $172bn by the regulators, $111bn by the IMF and $601bn by Mr Roubini.

Roubini became convinced that the housing bubble was going to pop.

even former predictors of doom such as Nouriel Roubini, of New York University, agreed the "glass was half full" .

Answer: I think Roubini, Dodd and Greenspan haven't thought this one through.

But most important, in Roubini's opinion, is to realize that the problem is deeper than the housing crisis.

"It is a glass that is half full and half empty, " said Roubini, head of an investment advisory firm that bears his name.

Roubini's research firm estimates that China has wasted $1. 4 trillion since 2008 on investments that will likely end up as bad debts.

Prof Roubini is not Anglo-Saxon.

Thus Mr Roubini's diagnosis of Asia does apply to China.

Roubini's main point is that China's communist leaders have been fast and loose with money.

All of Roubini's predictions, Banerji observed, have been based on analogies with past experience.

Mr Roubini argues that it is not.

Even if a double dip is technically avoided in the last quarter of 2010, Nouriel Roubini's forecast for 2011 is dire.

Economist Nouriel Roubini is tweeting doom about the London Olympics this morning.

Some, like Nouriel Roubini of New York University, say a 15% to 20% drop is more likely.

Roubini says the government has already committed $3 trillion to recapitalize the banking system.

"There is a meaningful probability of a hard landing in China after 2013, " he told a financial conference in Singapore.

Roubini predicted they could drop another 15 percent.

About 60 per cent of all mortgage origination between 2005 and 2007 had "reckless or toxic features" , argues Prof Roubini.

The problem, Mr. Roubini says, is that China's efforts to promote consumer spending ring hollow while the yuan remains weak.

But Roubini and others think the outlook after that is bleaker.

But Roubini and others think the outlook after that is bleaker. He expects China's growth to sink to 5 percent or less after 2013.

As Nouriel Roubini has warned, "if China were to follow in Japan's path, we might see the biggest [assets] bubble yet" .

In response to somebody who reminded Mr. Roubini that police have found no evidence of a setup, Mr. Roubini replied:

Roubini On Europe's 'Last Stand': Don't Fear A Greek Debt Restructuring And A Selective Default

(Unless of course your previous estimate had forecast the current revenue situation; Nouriel Roubini could claim this. )

The writer is chairman of Roubini Global Economics and professor at the Stern School of Business at New York University

Nouriel Roubini is founder and chairman of Roubini Global Economics. Arnab Das is RGE's managing director for market research and strategy

Nouriel Roubini, professor of economics at New York University's Stern School of Business

Nouriel Roubini, Professor of Economics, New York University

Nouriel Roubini Sees Growing Risk of Double Dip Recession in the US

Perhaps more interesting is that after citing Roubini and Mihm, Krugman repeats his earlier claim;