I don't watch Fox News.
In the NY Times article, Roubini is noted as a career naysayer. Did Roubini predict the economic successes of the 1990s? The dot com bust of 2000? The economic upswing starting around 2003?
The reason I ask this is that I predict rain every day. I predict it everyday, and when it happens, I announce with great fanfare that I predicted it.
>Stop watching Fox News
>
>Plenty of people saw this coming
>
>Nouriel Roubini
>Peter Shiffer
>Ron Paul
>Merideth Whitley
>
>Who could of guessed running up personal, govt, corporate, and trade debt to several times historic standards would cause a problem??
>
>Our whole banking (debt) system is a giant ponzi scheme just starting to become unraveled, it will get much worse before it gets better.
>
>Bob
>
Chris McCandless
Red Sky Software