Roubini Conditions in the U.S. labor markets are awful and worsening
Roubini: Many Jobs Gone Forever“Conditions in the U.S. labor markets are awful and worsening,” writes Nouriel Roubini

Nouriel Roubini On the next asset bubble
"...one day this bubble will burst, leading to the biggest co-ordinated asset bust ever: if factors lead the dollar to reverse and suddenly appreciate – as was seen in previous reversals, such as the yen-funded carry trade – the leveraged carry trade will have to be suddenly closed as investors cover their dollar shorts. A stampede will occur as closing long leveraged risky asset positions across all asset classes funded by dollar shorts triggers a co-ordinated collapse of all those risky assets – equities, commodities, emerging market asset classes and credit instruments." Said Nouriel Roubini the

Nouriel Roubini vs Warren Buffett
Nouriel Roubini (aka Dr. Doom) continues to have a gloomy outlook on the U.S. economy. Warren Buffett’s purchase of Burlington Northern Santa Fe Corp. shows his faith in the economy’s long-term health. Which one is right? asks Larry Swedroe of Moneywatch.comRoubini has continuously had an unpleasant forecast for the economy. On the other hand, Buffett made it a point to demonstrate his faith in the economy when he announced his purchase of the railroad, saying “If you buy a railroad, you can

Nouriel Roubini on Oil Prices
"If oil goes to $100 today, it will have the same effect on the global economy as what $147 oil had last year," said Nouriel Roubini

Roubini Commodities and assets bubbles about to burst
Nouriel Roubini in an interview with HardassetsInvestor :"commodity prices have increased since the beginning of the year too much, too fast, when compared to the improvement in economic fundamentals. Some of that increase is justified. But if the global economy were to have a more anemic, subpar recovery—if instead of a V-shaped recovery, there's going to be a U-shaped recovery—then I actually think demand for commodities would be weak compared to supply, and there could be a correction in commodity prices in 2010.Take oil prices: They have gone up from $30/barrel to over $80, at a time when demand is back to 2