Economist and New York University professor Nouriel Roubini, often referred to as “Doctor Doom” for his pessimistic economic forecasts, said the Federal Reserve is facing “Mission Impossible” as inflation remains persistent and fissures appear in the banking sector. Speaking at Semafor’s World Economy Summit on Wednesday, Roubini expressed concerns about the fragility of the banking…
Top Economist Warns Regulators Face ‘Mission Impossible’ Amid Inflation, Recession Risks
Economist Dubbed ‘Dr. Doom’ Says We’re Back in Great Financial Crisis Territory but This Time It’s Worse
Economist Nouriel Roubini, who’s been dubbed “Dr. Doom” for his gloomy-yet-correct prediction of the 2008 market meltdown, told Bloomberg in a recent interview that the United States is back in Great Financial Crisis territory, except now there are even more problems and cause for worry. Roubini, CEO of Roubini Macro Associates and author of “MegaThreats,”…
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