Nouriel Roubini
Nouriel Roubini
Nouriel Roubiniis an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an economic consultancy firm...
NationalityAmerican
ProfessionEconomist
Date of Birth29 March 1958
CountryUnited States of America
again attention clear dollar global lower market renewed saying weak worried
There's renewed market attention on global imbalances as governments have showed again they're worried and the U.S., without saying it has a weak dollar policy, is making clear it would like a lower dollar.
banks care central investors less private return scholars-and-scholarship
While central banks care less than private investors about the return on their investments, they're not completely clueless,
ability china cost foreign increase markets order policy send surely veto
The ability to send a 'sell' order that roils markets may not give China a veto over U.S. foreign policy, but it surely does increase the cost of any U.S. policy that China opposes.
above assets continue current dangers foreign foreigners form fraction high increasing owning patterns percent spending stop whining
If we continue with our current patterns of spending above our incomes, by 2013 the U.S. foreign liabilities could be as high as 75 percent of GDP and an increasing fraction of such liabilities will be in the form of equity. So, let us stop whining about the dangers of unfriendly foreigners owning our firms and assets and get used to it.
born family iranian jewish mixed raised turkey
My family is a Jewish Iranian family, but I was born in Turkey and raised in Italy. So it's a very mixed background.
belts consumers country excesses large running save spending
The U.S. has been living in a situation of excesses for too long. Consumers were out spending more than their income and the country was spending more than its income, running up large current-account deficits. Now we have to tighten our belts and save more.
causes definitely europe household split
There is definitely a big split in Europe at the moment. Europe is getting leaner and meaner, but that causes nervousness at the household level.
act beyond living
Were living beyond our means, ... and we have to get our act together.
bailing becoming costs fiscal income job larger
The economic costs, the financial costs, the job losses, the income losses, the fiscal costs of bailing out financial system are becoming larger and larger.
complacent country excesses excessive household sure weaknesses
No country can be complacent in making sure that excessive debt of the household doesn't create excesses and weaknesses in the financial system. Everything is interconnected.
business celebrity class demands fly glamorous home miles people stay time travel wonderful
Celebrity has become a burden. There are more demands on your time. People think it is glamorous to fly places. But it is not - even if you travel business class and stay in wonderful hotels, you end 10,000 miles away from home.
art collect complex education grew humanistic italy literature love matthew might people philosophy pursuits richer
I love and collect contemporary art and go to all the art fairs. I love Damien Hirst and Matthew Barney. I grew up in Italy and had a humanistic education in philosophy and literature - things I love and appreciate. People are richer and more complex than just their day-to-day professional pursuits might suggest.
against bigger power
I've nothing against Goldman Sachs. But Goldman Sachs isn't an investment bank. Goldman Sachs is a hedge fund. It's bigger than any hedge fund. It's more leveraged, to the power of three or five, than any hedge fund.
addicted among bit regularly social tried twitter
Among the social media - I've tried them all - Facebook is a bit of a game, but Twitter is a productivity tool. I use it regularly and I'm addicted to it.