Nouriel Roubini Tweets Recession Chance Now 40%

By on August 2, 2011

Nouriel Roubini was on Twitter today and commented that the U. S. economy was transitioning from anemic recovery, to stall speed, to a risk of a double-dip recession increasing to close to 40%.

Roubini added that private & public de-leveraging is ongoing and the G3 economies are running out of policy bullets. The distressed sovereigns are unable to bailout banks and more quantitative easing (QE) would have limited effects.

Question: What is the name of the rock star that Roubini most resembles? Here is a hint:

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