Economist Dubbed ‘Dr. Doom’ Says We’re Back in Great Financial Crisis Territory but This Time It’s Worse

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Oct 28, 2022, 08:00 AM
Economist Dubbed 'Dr. Doom' Says We're Back in Great Financial Crisis Territory but This Time It's Worse

Economist Nouriel Roubini, who’s been dubbed “Dr. Doom” for his gloomy-yet-correct prediction of the 2008 market meltdown, told Bloomberg in a recent interview that the United States is back in Great Financial Crisis territory, except now there are even more problems and cause for worry.
Roubini, CEO of Roubini Macro Associates and author of “MegaThreats,” made the remarks in an Oct. 25 appearance on “Bloomberg Surveillance” program, where he was asked if we’re “there again” in reference to the 2008 financial crisis.
“Yes, we’re here again,” Roubini replied. “But in addition to the economic, monetary, and financial risks—and there are new ones—now we’re going towards stagflation like we’ve never seen since the 1970s.”...

Source: Economist Dubbed 'Dr. Doom' Says We're Back in Great Financial Crisis Territory but This Time It's Worse

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