Nouriel Roubini Bullish on China and India

Nouriel Roubini, Co-Founder and Chairman of RGE Monito, said the recession will continue through the end of the year. He added that due to financial imbalances of the economy, advanced economies, especially US, Europe and Japan, will see growth below the potential for the next couple of years.

Regarding the Asian economies, Roubini said China’s policy actions will lead to recovery and that demand from China for commodities will also help the recovery of Asia. “India, also, might observe an economic recovery given that they have better economy demand than other countries in the region,” he added.

Nouriel Roubini U.S. Recovery May Need Further Stimulus

Nouriel Roubini in an interview with Bloomberg on July 16 said that a second stimulus package of as much as $250 billion may be needed sometime early next year, particularly if unemployment goes "well above 10 percent by the end of the year." Nouriel Roubini also nicknamed Dr Doom is a New York University professor who predicted the financial crisis
Roubini, was speaking from New York, and also discusses the outlook for emerging market economies and a potential bankruptcy of CIT Group other topics were China Asia emerging markerts inflation the dollar and more...

Nouriel Roubini sees Double Dip Recession

Nouriel Roubini also known as Dr Doom professor at New York University's Stern School of Business sees Double Dip Recession ...inflation housing consumption industrial production employment are relatively improving but the recession have not bottomed yet , there is also the risk of a crude oil price shock , if the oil price goes to $100 like last year with the risk of a Double Dip Recession ...eastern europe is in deep trouble particularlry Latvia the currency could collapse under the weight of the debt ...Latvia is like Argentina of 2001 ...this could affect western Europe and hence the American market as well...there is a risk of a global financial meltdown , we are not in free fall anymore but there is the risk of a double dip recession

Nouriel Roubini Recession until Year End

Roubini- Disaster Averted but Grim Outlook
Nouriel Roubini is far from becoming a raging Bull , the New York University economics professor who predicted the financial crisis also known as Dr Doom , sees grim outlook for the economy "the economy won’t recover until the end of the year and growth will remain weak." he said a mentioned a series of factors among which the rising crude oil price

Green Shoots yellow weeds and Nouriel Roubini

Dr Doom Economist Nouriel Roubini, who predicted the financial crisis, discusses his views of how the economy, the housing market, interest rates and the dollar will fare in the future.
Nouriel Roubini Said "The crucial issue, however, is not when the global economy will bottom out, but whether the global recovery – whenever it comes – will be robust or weak over the medium term. One cannot rule out a couple of quarters of sharp GDP growth as the inventory cycle and the massive policy boost lead to a short-term revival. But those tentative green shoots that we hear so much about these days may well be overrun by yellow weeds even in the medium term, heralding a weak global recovery over the next two years."

Roubini sees yellow weeds, not green shoots

Renowned economist Nouriel Roubini says he sees many yellow weeds ahead in the current economic environment. Economist Nouriel Roubini of RGE Monitor, speaking at the 2009 Reuters Investment Outlook Summit in New York on Tuesday, predicts the next 2 years of "low economic growth of around 1-percent" in the U.S. He says the unemployment rate will likely "peak next year above 11-percent."