“I see anemic recovery of economic growth in the U.S., and the U.S. current account (deficit) is still very large,” New York University Professor Nouriel Roubini, a professor , said at the Troika Dialog Russia Forum in Moscow , as reported by Bloomberg.
“In the next two or three years, the dollar has to weaken further on a trade- weighted basis.” Regarding The American Economy Roubini Said
“There’s going to be better economic news for a couple of quarters due to temporary factors, such as restocking, fiscal stimulus, and base effects,” .
“In the second half, economic weakness is going to reappear again. On a trend basis, the dollar has to weaken.” Roubini added
Nouriel Roubini nicknamed Dr. Doom and lately Dr. Realist by CNBC , is a professor of economics at the Stern School of Business, New York University and chairman of RGE Roubini Global Economics, an economic consultancy firm . Prof. Nouriel Roubini A world-class economist who offers an unflinching look at the global meltdown and distinctive insights into its course going forward. His research on financial crisis in emerging economics has yielded a unique and now vindicated approach to future collapses. Roubini speaks on the global economic outlook and its implications for the financial markets. From his analysis of past collapses of emerging economies, he has identified common factors that support his predictions of crisis in the US and world markets. He has held several high-level advisory positions in the US government and international finance organisations, published numerous policy papers and books on key international macro-economic issues and is regularly cited as an authority in
