Nouriel Roubini on the 2010 Economy: NEWSWEEK & YouTube
Newsweek Video — In preparation for President Obama’s first State of the Union address, Nouriel Roubini gives his perspective of what economic challenges we’ll face this year and answers CitizenTube users’ questions on the financial crisis. (Click for Video) [7:03]
5 Responses to “Nouriel Roubini on the 2010 Economy: NEWSWEEK & YouTube”
The paper precious metal market and the physical precious metal market have defacto disconnected.
Dear Nouriel,It has been my experience in 70 years of life that it is all about Pay Me Now or Pay Me Later. There is no free lunch as you have noted.So the politicians have voted to dribble the ordeal of the apocalypse down the road for as long as possible instead of paying the piper for the mistakes in the system.Further the economic model is severely flawed as it is obvious that it is not sustainable in resources or is it sustainable via the endless shitting in our own nest via pollution and driving other species extinct.Could you get serious and look ahead seven generations like the Native Americans and other indigenous peoples always did when planning moves that could effect their future outcome and give us a heads up about what such a future might look like? Or are you only a day trader?
Wait! Wait! Hold your fire on responding to my above post.I don’t want anything to overshadow my watching the State of the Union with high Hope.Hopium, hopium, hopium rules the land.
Your comments are Economics 101. I fear your pessimism about the Congress is so well warranted that it suggests a very bad outcome for our country.Reading David Brooks’ op-ed in the Times today, it seems our only audacious hope is an Obama decision to fight the partisanship in the Congress with such force and vehemence as to make the 2010 mid-term elections a referendum on “kicking the bastards out!”