In this latest global financial crisis there’s no single catalyst. Instead, this time around a whole bunch of seemingly-unrelated things are unraveling all at once.
Read More »Nouriel Roubini: 2013 Perfect Storm Scenario Unfolding as Predicted! OK Nouriel, So What Do You Suggest Investors Do??
Other than telling us how smart they are, I am not sure what economists like "Dr. Doom" Nouriel Roubini accomplish with repeated warnings that, ultimately, amount to little more than self-aggrandizing and incessant self-promotion. Roubini's continued calls for Armageddon provide as much utility as a Southern California traffic report. The 405 is jammed and so is every nearby alternate route, so just stay where you are. Even meteorologists offer more useful information. There's a heat wave -- seek shade, drink plenty of water. Or it's going to rain, grab an umbrella as you head out the door.
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