Nouriel Roubini Sees Problems Intensifying in 2013

By on June 14, 2011

Nouriel Roubini made headlines three years ago when he correctly forecasted the dire economic times that befell the world economy.  Roubini also made some decent stock market predictions back then.  Of course, he ran into a rough spell where he had difficulty forecasting as his predictions of continued disaster and deflation were off the mark substantially.  Economic forecasting with any degree of accuracy has been demonstrated to be challenging even for those proclaimed as experts.

However, Roubini is still interesting to listen to simply for his educated viewpoint.  He now sees a perfect economic storm possibly developing in 2013.  The ingredients for the storm include:

  • U. S. basket case economy/budget deficit
  • potential slowdown in China
  • European debt restructuring
  • Japanese stagnation

Henry Blodgett and Aaron Task comment on the latest warnings of Roubini in the following video:

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>