Thursday, February 4, 2010

Nouriel Roubini outlook about The Market the Stocks financial market and economy in general for 2010


1/26/10: In preparation for President Obama's first State of the Union address, economist Nouriel Roubini gives his perspective of what economic challenges we'll face this year and answers CitizenTube users' questions on the financial crisis

Questions from users:
"The biggest problem facing America today is that the people in Washington making economic decisions pay absolutely no price for being wrong. I understand many of them have really good intentions for the country, and they want America to get out of this economic slump, but that's simply not the way to do it. The only way to bring America out of this economic crisis is to allow private citizens to make their own choices without the government acting as a third party an intervening. The government should just get out of the way, it has enough to worry about."
-YouTube user: HowTheWorldWorks

"Why is the government copying the same formula that got us into the recession as its only plan for recovery?"
-Jennifer
Roubini outlook about The Market the Stocks financial market and economy in general



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