Roubini Warns : Trump will bring Global Conflict & WW3 | NOURIEL ROUBINI BLOG

Thursday, January 5, 2017

Roubini Warns : Trump will bring Global Conflict & WW3

Nouriel Roubini, a professor of finance at New York University, believes that the US position after the victory of Donald Trump can put an end to 70 years of prosperity. The measures that the magnate defends and that are already taking place, although he has not yet taken office, may be the seeds from which the next world conflict is born.

Roubini, who has already correctly predicted the latest financial crisis, says in Project Syndicate that the election of Donald Trump "may imply an end to the Pax Americana: the international order of free trade and shared security that the United States and its allies built after Of World War II ".

And it is that the US-led order to date has made possible "70 years of prosperity, based on pro-market regimes of trade liberalization, increased capital mobility and adequate social welfare policies, and with the support Security assurances and alliances such as NATO. "

http://www.eleconomista.es/economia/noticias/8064759/01/17/Roubini-EEUU-primero-y-tendremos-un-conflicto-mundial-despues.html

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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Nouriel Roubini, (born March 29, 1958, Istanbul, Turkey), Turkish-born American economist and educator who was best known for predicting the 2007–08 subprime mortgage crisis in the United States and the subsequent global financial crisis.

Born to Iranian Jewish parents, Roubini moved with his family to Iran and Israel before they settled in Italy in 1962. After a year at Hebrew University of Jerusalem, he studied economics at Bocconi University in Milan (B.A., 1982) and Harvard University (Ph.D., 1988), where he specialized in macroeconomics and international economics. He joined the economics faculty at Yale University in 1988 and taught there until 1995, when he moved to New York University. He also served as a visiting scholar to the International Monetary Fund (IMF), was a research associate with the National Bureau of Economic Research (NBER), held single-year terms on the White House Council of Economic Advisers (1998–99) and at the U.S. Department of the Treasury (1999–2000), and cofounded (2004) the consulting firm Roubini Global Economics. Roubini spent much of his early career studying countries that experienced extreme economic failures, such as Mexico (in 1994), Thailand and other countries associated with the 1997 Asian financial crisis, Russia (1998), and Argentina (2000). He determined that each shared one common element: a massive current account deficit.(www.britannica.com)

Nouriel Roubini is the Chairman and CEO of Roubini Macro Associates, LLC, his own global macroeconomic consultancy firm. He is also a professor of economics at New York University’s Stern School of Business. Dr. Roubini has extensive policy experience as well as broad academic credentials. From 1998 to 2000, he served as the senior economist for international affairs on the White House Council of Economic Advisors and then the senior advisor to the undersecretary for international affairs at the U.S. Treasury Department, helping to resolve the Asian and global financial crises, among other issues. The International Monetary Fund, the World Bank and numerous other prominent public and private institutions have drawn upon his consulting expertise.