Roubini Warns That Crisis in 2013 Would Be Worse Than 2008

Nouriel Roubini, the American economist who famously predicted the collapse of the housing market and the Great Recession in 2008, now warns that a crisis in 2013 would be worse than 2008 because “we have run out of policy bullets … we have run out of policy rabbits to pull out of the policy hat.” (Video is about 8 minutes).

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