The Perfect Storm

[hjmick]

This guy paints a pretty bleak picture. He must be a blast at parties...

"Dr. Doom" Nouriel Roubini says the "perfect storm" scenario he forecast for the global economy earlier this year is unfolding right now as growth slows in the U.S., Europe as well as China.

In May, Roubini predicted four elements – stalling growth in the U.S., debt troubles in Europe, a slowdown in emerging markets, particularly China, and military conflict in Iran - would come together to create a storm for the global economy in 2013...

Roubini: My 'Perfect Storm' Scenario Is Unfolding Now

 

[EdwardBaiamonte]

This guy paints a pretty bleak picture. He must be a blast at parties...

"Dr. Doom" Nouriel Roubini says the "perfect storm" scenario he forecast for the global economy earlier this year is unfolding right now as growth slows in the U.S., Europe as well as China.

In May, Roubini predicted four elements – stalling growth in the U.S., debt troubles in Europe, a slowdown in emerging markets, particularly China, and military conflict in Iran - would come together to create a storm for the global economy in 2013...

Roubini: My 'Perfect Storm' Scenario Is Unfolding Now

when the Dow hit 7000 he said, "next stop 5000". It never happened. That's why he's selling his advice rather than using it.