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Nouriel Roubini (Dr Doom ) warns of 10 years of depression and debt from Coronavirus


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1 hour ago, Saving For a Space Ship said:

Nouriel Roubini (Dr Doom ) warns of 10 years of depression and debt from Coronavirus

As a general rule, life turns out to be better than the pessimists think, and worse than the optimists think.

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12 minutes ago, scottbeard said:

As a general rule, life turns out to be better than the pessimists think, and worse than the optimists think.

More incomprehensible rubbish. China + debt saved the world from a Second Great Depression in 2009.

Wall Street insider Roubini took on a $3 million mortgage after he and his pals got bailed. Perhaps he's worried about defaulting on it. :rolleyes:

https://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/8210845/Nouriel-Roubini-buys-5.5m-home-in-New-York.html

 

 

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1 hour ago, scottbeard said:

As a general rule, life turns out to be better than the pessimists think, and worse than the optimists think.

I think we need to go for the 1969 style Hong Kong Flu response. Didn’t turn out badly and the main issues the following decade we're oil related.

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  • 416 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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