Economist Nouriel Roubini, the president of RGE Monitor who's often referred to as "Dr. Doom," recently sat down with Martin Wolf of The Financial Times, and said that the world faces a "rising risk" of a double-dip recession.
Earlier this year, he warned of a "perfect storm of rising oil prices, rising taxes and rising nominal and real interest rates on the public debt of many advanced economies."
In his interview with The Financial Times, Roubini was similarly pessimistic:
"I do agree with the consensus that we'll have a couple of quarters of strong economic growth. The question is whether the medium-term growth is going to be V-shaped a return to potential or anemic growth below potential. My view of it is that it's going to be anemic."
» Financial Times [ Contribute: submit link / submit article ]
Comments