Tuesday 26 May 2020

An Economist Who Called the 2008 Crash Says We’re In for a Long Depression

An Economist Who Called the 2008 Crash Says We’re In for a Long Depression

In September 2006, Nouriel Roubini told the International Monetary Fund what it didn’t want to hear. Standing before an audience of economists at the organization’s headquarters, the New York University professor warned that the U.S. housing market would soon collapse — and, quite possibly, bring the global financial system down with it.
Read more: https://nymag.com/intelligencer/2020/05/why-the-economy-is-headed-for-a-post-coronavirus-depression-nouriel-roubini.html?source=Snapzu

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