Nouriel Roubini's Global EconoMonitor

Archive for September, 2010

  • Roubini CNBC Videos from Kuala Lumpur: U.S. Outlook, Yuan Debate, FinReg

    CNBC Video — Expect a Slow and Anemic Recovery: Roubini (Click for Video [4:54])


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  • A Chat with Nouriel Roubini and Sebastian Mallaby on the Future of Finance

    On the two year anniversary of the collapse of Lehman Brothers, Sebastian Mallaby, the Director of the Maurice R. Greenberg Center for Geoeconomic Studies and Paul A. Volcker Senior Fellow at the Council on Foreign Relations, sat down with Nouriel Roubini at RGE’s New York headquarters on Morton Street for a spirited discussion on the future of finance.   

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  • What America Needs Is a Payroll Tax Cut

    From the Washington Post:

    Nearly three years since the onset of the financial crisis, the continued weakness of the labor and real estate markets, U.S. consumers’ unbalanced balance sheets and fading support from policy stimulus have transformed the risk of a double-dip recession from unlikely to about a 40 percent likelihood. The government responded creatively and massively to the near collapse of the U.S. financial system: The Troubled Assets Relief Program, stimulus spending and near-zero interest rates for nearly two years prevented a second Great Depression.

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  • The Eurozone’s Autumn Hangover

    After a summer of Europeans forgetting their woes and tanning themselves at the beach, the time for a reality check has come. For the fundamental problems of the eurozone remain unresolved.

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  • Roubini Bloomberg Video and Report: Risk of a Double-Dip

    Bloomberg — Nouriel Roubini discusses the outlook for the U.S. economy and the possibility of a double-dip recession, which he puts at 40 percent. (This report is an excerpt of the full interview.)

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  • Roubini Google Speech: U.S. Zeitgeist 2010

    Nouriel starts at 19:25 (Click for YouTube Video)   All rights reserved, Roubini GlobalEconomics, LLC

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  • A Double Dose of Reality

    With the autumn weather upon us here in New York City, my friend Ian Bremmer and I take a look at America’s decidedly autumnal mood these days in the latest edition of Institutional Investor magazine. The main piece, “Paradise Lost,” is a reality check against those who think the “good old days” of the bubble will return. In a sidebar, we offer “Seven Ways to Save the World” from its worst economic instincts.

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  • Roubini Bloomberg Interview at Ambrosetti Conference

    Bloomberg — Roubini Says Stimulus Will Sap Second-Half U.S. Growth (Click for Video [5:05])   Bloomberg —  Nouriel Roubini, chairman and co-founder of Roubini Global Economics LLC, talks about the outlook for the global economy and the possible impact of a double-dip recession or an increase in risk aversion on gold and currencies. He talks […]

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  • EconoMonitor Flashback: Roubini’s IMF Speech – September 7, 2006

    I am happy to say that I will be giving another speech at the IMF on Friday, September 17th, 2010, on the downside risks to the U.S. and the global economic outlook. 

    Many of you have asked me for the now infamous speech that I gave at the IMF on September 7, 2006 with my views about the housing bust, the credit crunch, the likely banking crisis and insolvency of Fannie and Freddie, the oil shock and the severe recession and financial crisis that would follow those shocks.

    Below is the full transcript of that speech:



    Washington, D.C. Thursday, September 7, 2006 Transcript of an IMF Seminar Nouriel Roubini on the U.S. and Global Outlook

    Participants: Nouriel Roubini NYU, Anirvan Banerji ECRI, Moderated by: Charles Collyns Deputy Director, Research Department, IMF Introduction by Charles Collyns

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  • RGE’s Wednesday Note – No Chance of a V-Shaped Recovery

    The curtain has opened on Act Two of our “Year of Two Halves”—RGE’s theme since the end of 2009—with the slowdown forecast for H2 2010 getting here a bit earlier than expected. Growth in Q2 2010 registered a very weak 1.6%, revised down from an original estimate of 2.4%—a sharp slowdown from the 3.7% of Q1. This implies much weaker growth in H1 than even bearish forecasters had expected. Moreover, most of the growth was driven by a temporary inventory adjustment; final sales grew a mediocre 1.1% in Q1 and 1.0% in Q2.

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