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Posts Tagged ‘Roubini’

It’s Time for a Firehose Stimulus

Posted in Economy, Government, Life, Thoughts, World Affairs, politics, tagged , , , on July 8, 2009 | 1 Comment »

Vice President Biden said it very clearly – we “misread how bad the economy was”.  That’s the good thing about Joe Biden; he just tells you straight, just like it is.  He doesn’t try to finesse things or put the right political spin on things – he just blurts out the truth as best he [...]

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Bubbles

Posted in Economy, Government, Life, Technology, politics, tagged , , on January 23, 2009 | 1 Comment »

As economists now start talking about the U.S. entering a Depression rather than a Recession, the discussion still centers on the effects of our overly exuberant Real Estate Bubble.  It was a bubble that sucked in the entire world as other countries either emulated the U.S. policy of giving mortgages to people who really couldn’t [...]

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A Federal Bank that Makes Direct Loans to the People

Posted in Economy, Government, Uncategorized, tagged , , , on December 12, 2008 | Leave a Comment »

Nouriel Roubini was one of the few people who very accurately predicted our current economic meltdown.  Recently he wrote that the cause of the meltdown was “the bursting of a huge leveraged-up credit bubble”.  He goes on to say in this recent article that he believes the economy will get worse before it gets better. [...]

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Are We On the Brink of Class Warfare?

Posted in Christianity, Economy, Government, Life, Religion, politics, tagged , , , on December 10, 2008 | 1 Comment »

There are some financial experts who say that we are standing on the brink of a precipice.  Nouriel Roubini, a New York University Economics professor, who predicted the current economic meltdown, says that “things are going to be awful for everyday people” in 2009. There are several other experts who agree with him.  Mr. Roubini [...]

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