Renowned economist Nouriel Roubini was nicknamed “Dr. Doom,” until his prediction of the 2008 housing crisis and Great Recession came true – when it was too late. Now he is back with a much scarier prediction, one that we ignore at our peril. There are no fewer than ten overlapping, interconnected threats that are so serious, he calls them Megathreats. From the worst debt crisis the world has ever seen, to governments pumping out too much money, to borders that are blocked to workers and to many shipments of goods, to the rise of a new superpower competition between China and the U.S., to climate change that strikes directly at our most populated cities, we are facing not one, not two, but ten causes of disaster. There is a slight chance we can avoid them if we come to our senses – but we must act now. In this interview, I speak to Professor Nouriel Roubini, who speaks on how We are heading towards the worst economic catastrophe of our lifetimes – unless we can defend against ten terrifying threats.
A Conversation with Nouriel Roubini on The Ten Dangerous Trends That Imperil Our Future, And How to Survive Them.
28-10-2022 14:45:56
Thought Economics