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Posted

Check out Roubini's blog and a conference call discussion below. Some serious sh--. As I posted in another thread, it looks like some type of nationalization of banks may be the "final solution."

 

Roubini blog

Posted
Check out Roubini's blog and a conference call discussion below. Some serious sh--. As I posted in another thread, it looks like some type of nationalization of banks may be the "final solution."

 

Roubini blog

Nouriel is the Dr. Doom of economists. By his very nature, he hates it when the sun comes up.

 

I'll give him his due for calling out the problem ahead of others, but IMO the fame's gone to his head and he's becoming addicted to making headlines.

Posted

So what part of the original link do you disagree with? It looks to me like he's being pragmatic about what could happen. It seems like even the optimists are gloomy at this point.

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