Economist Prof Nouriel Roubini has warned of a prolonged downturn and sluggish recovery from the coronavirus in his recent BBC interview. Professor Roubini also said any recovery will be in the shape of what economists call a “U”, or even “something closer to an L” – what he calls a “Greater Depression.” — “These jobs […]
Tag Archives: financial crisis
Nouriel Roubini believes that the next global recession will be immune to monetary solutions. He discusses this and more in a one-on-one interview with the Milken Institute. Watch the video below to learn more: Nouriel Roubini is a professor of economics at New York University’s Stern School of Business. He is also CEO of Roubini Macro […]
Andy Xie, renowned Chinese economist, considers that China’s financial crisis might have begun, but there is hope – if the country undertakes dramatic reforms… Chinese people are among the hardest working and most efficient in the world. Virtually everyone is working. Overtime is ubiquitous. Retirees are looking after their grandchildren so their daughters can work. […]
Professor Niall Ferguson talked about the Financial Crisis, and its aftermath in historical perspective. Niall Ferguson Niall Ferguson is one of the world’s leading historians of the global economy and author of such internationally-acclaimed works as The Ascent of Money, The Pity of War, The Cash Nexus: Money and Power in the Modern World, Empire: […]
Andy Xie, renowned Chinese Economist, predicts that the end of QE would be worst than the financial crisis. Andy reckons the global flow of hot money into government bonds and real estate has reached such a scale that the current asset bubble is greater than the one that unleashed the 2008 financial crisis. When the […]
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