Roubini : China economy is overheating now

Nouriel Roubini  : "China's economy is overheating now, but, over time, its current overinvestment will prove deflationary both domestically and globally. Once increasing fixed investment becomes impossible - most likely after 2013 - China is poised for a sharp slowdown. Instead of focusing on securing a soft landing today, Chinese policymakers should be worrying about the brick wall that economic growth may hit in the second half of the quinquennium. " in an article in the aljazeera english http://english.aljazeera.net/indepth/opinion/2011/04/2011415133455105416.html

Black Swan Theory explained by Nassim Taleb

Black Swan Theory by Nassim Nicholas Taleb , The Black Swan Theory explains the existence and occurrence of high-impact , hard-to-predict , and rare events that are beyond the realm of normal expectations which no economist can predict. Any economist that says that they can predict the future is a fraud.Most of the economists are expecting after the fact they explain what HAPPENED , the banking system for 12 years have been building risks on things we do not understand based on bogus economic models financial risk management tools that was unacceptable on says Nassim Taleb

Roubini on Greece Debt Restructuring

“The issue of Greece is not whether there will be debt restructuring, but when it will be done, and whether it will be an orderly market-oriented debt exchange or disorderly like in Argentina,” “One can make the same argument for Portugal’s government and Irish banks.” Nouriel Roubini said on 15 April 2011 at a conference in Almaty, Kazakhstan’s financial center.
in www.moneynews.com

Nassim Taleb : Individuality in a Mass Age

Black Swan author Nassim Taleb at Names Not Numbers 2011 . Nassim Taleb is the best-selling author of Fooled By Randomness and The Black Swan: The Impact of the Highly Improbable. So called 'Black Swan Events' are climactic, random and hard-to-predict events that have been entirely unexpected, and often hitherto perceived to be impossible.

Roubini its a G0 World rather than a G20 world

Nouriel Roubini at the 7th Edition of the Atlantic Dinners

Nouriel Roubini's speech starts at around 2:50
" ...we are in a world in which most power think of the global issues as a zero sum game as opposed to a positive sum game , and if you think about issues as being a zero sum game then it's a G0 world rather than a G20 world , so with all the estimates of how much these agreements and conflicts and lack of leadership could be a source of tension and lead us to a world in which in addition to the macro uncertainty the financial uncertainty there is now policy uncertainty regulatory uncertainty political uncertainty and now even geopolitical uncertainties ..."


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Nouriel Roubini featured in the movie Inside Job

The professor of economics at NYU Stern School of Business Nouriel Roubini nicknamed Dr. Doom because he correctly predicted the great recession that hit the US and the Global starting in 2008 he was featured in a recent movie called 'Inside Job' a movie about the global financial crisis of 2008,

Roubini : Fed, ECB Policy Divide May Be Destabilizing

New York University economist Nouriel Roubini, speaks from Cernobbio, Italy, with Bloomberg Television on Apr. 01, 2011
Nouriel Roubini :"...Banking risk becomes sovereign risk when the government bailout financial institutions but eventually that leads to a sovereign debt crisis and that can damage the real economy and the financial system " " I understand the logic of the ECB decision They’re likely going to raise rates in April and then continue for a few times this year because the core of the Eurozone is growing fast and headline inflation is above target But you have five countries in the periphery where there’s almost no growth or contraction, where you have severe banking problems, where you’ve had a loss of competitiveness, where there is a need to restore economic growth and I fear that an early hike is going to increase the growth fragility, the worsening of competitiveness with stronger Euro , the financial fragility both of the banking system and of the government so on net that's a risk "