Archive for July, 2010
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Roubini on CNBC’s Squawk Box – U.S. Economic Outlook and European Stress Tests
CNBC Squawk Box — Roubini’s Economic Outlook (Click for VIDEO [2:58]) CNBC — What to expect for the second half of the year, with Nouriel Roubini, Roubini Global Economics chairman. ———————————- CNBC Squawk Box — Getting Real with “the Realist” (Click for VIDEO [11:17]) CNBC — Why the European stress tests were not stressful [...]
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Nouriel Roubini Guest Hosting Squawk Box: Monday, July 26, 7am-9am
This coming Monday Nouriel Roubini will be guest hosting CNBC’s Squawk Box U.S. 7am-9am.
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Double-Dip Days
The global economy, artificially boosted since the recession of 2008-2009 by massive monetary and fiscal stimulus and financial bailouts, is headed towards a sharp slowdown this year as the effect of these measures wanes. Worse yet, the fundamental excesses that fueled the crisis – too much debt and leverage in the private sector (households, banks and other financial institutions, and even much of the corporate sector) – have not been addressed. Private-sector deleveraging has barely begun. Moreover, there is now massive re-leveraging of the public sector in advanced economies, with huge budget deficits and public-debt accumulation driven by automatic stabilizers, counter-cyclical Keynesian fiscal stimulus, and the immense costs of socializing the financial system’s losses.
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Sagging Global Growth Requires Us to Act
From the Financial Times:
Sagging Global Growth Requires Us to Act
By Nouriel Roubini and Ian Bremmer
It looks as if the global economy is heading for a serious slowdown this year. Emergency austerity programmes in some countries will put a drag on growth. Inventory adjustments will run their course. The effects of tax policies that steal demand from the future – such as the US “cash for clunkers” scheme, tax credits for home buyers or cash for green appliances – will fizzle out. Labour market conditions will remain weak. The slow and painful deleveraging of balance sheets and income-challenged households, financial institutions and governments will continue.
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Roubini and Bremmer on CNBC Squawk Box: Global Growth Slowdown, Financial Reform, and Global Leadership
CNBC — Bears Battering Bulls (Click for Video) CNBC – Insight on employment and the markets, with Ian Bremmer, Eurasia Group and Nouriel Roubini, Roubini Global Economics and NYU Stern School of Business. —————————————– CNBC — Fixing the Financial System (Click for Video) CNBC – The financial reform bill is headed to the [...]














