No country can be complacent in making sure that excessive debt of the household doesn't create excesses and weaknesses in the financial system. Everything is interconnected. Nouriel Roubini complacentcountrycreate Change image and share on social
I think it's true that the 1 Percent or the elite are living in a world of, maybe, excessive privilege, and they don't fully realize how much pain and suffering, how much anxiety exists out there. Nouriel Roubini anxietyeliteexcessive Change image and share on social
What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics. Nouriel Roubini assetboombubble share on social
I'm a rock star among geeks, wonks, and nerds. Nouriel Roubini geeknerdrock Change image and share on social
Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire. Nouriel Roubini accountamericanbegin Change image and share on social
The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones. Nouriel Roubini analystcrisiseconomic Change image and share on social
I'm not a pessimist by nature. I'm not someone who sees things in a bleak way. Nouriel Roubini bleaknaturepessimist Change image and share on social
I've nothing against Goldman Sachs. But Goldman Sachs isn't an investment bank. Goldman Sachs is a hedge fund. It's bigger than any hedge fund. It's more leveraged, to the power of three or five, than any hedge fund. Nouriel Roubini bankbigfund share on social
What is important to me is that when I write something, people listen to me. I provide my wisdom to people, whether they agree or not. Nouriel Roubini agreeimportantlisten Change image and share on social
A home is a home, and excess supply leads to prices falling. Nouriel Roubini excessfallhome Change image and share on social
