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this is a discussion within the Full Disclosure Community Forum; Dr. Doom 2013 prediction: Economist Nouriel Roubini recently stated that a “perfect storm” for economic disaster is currently brewing, and he stands behind his beliefs. Considering Roubini is the guy who accurately predicted the country’s previous financial disaster, it’s safe ...
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07-23-2012, 07:51 PM | #1 |
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Dr. Doom 2013 Prediction - Global Economic Crisis Headed Our Way
Dr. Doom 2013 prediction: Economist Nouriel Roubini recently stated that a “perfect storm” for economic disaster is currently brewing, and he stands behind his beliefs. Considering Roubini is the guy who accurately predicted the country’s previous financial disaster, it’s safe to assume that countless buttholes are being clenched whenever this guy has something to say. And while you may think the 2008 crisis was the worst that could happen, Dr. Doom feels that 2013 is going to be much worse.
Roubini, who teaches at New York University’s Stern School of Business, explained the economic disaster looming on the horizon could cause the global financial system to “grind to a halt”, which isn’t the sort of thing you want to hear when you’re attempting to keep your family’s heads above water. Most folks are still trying desperately to regain the foothold they lost during 2008′s disaster, never mind preparing for a much larger problem down the road. Dr. Doom’s theory: Tax increases and spending cuts will push the United States into yet another recession. This, combined with Europe’s debt crisis, China’s wonky economy, and a potential military presence in Iran, could shove most of the civilized world towards a complete collapse. The problem, of course, is that we’re quickly heading towards the point of no return. Unless something is done immediately to turn the tide, turmoil seems inevitable. Dr. Doom 2013 Prediction: Global Economic Turmoil Headed Our Way | WebProNews |
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07-23-2012, 08:04 PM | #2 |
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Lot's of "may" and "could" in there. I'm not suggesting the world economy is exactly stable, and I like that he says the "kick the can down the road" solution isn't going to work. Time will tell I guess...
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07-23-2012, 09:33 PM | #3 |
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07-24-2012, 08:39 AM | #5 |
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2013, dr. doom, recession |
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