By Jim Whitt Three years ago Nouriel Roubini played the role of a modern-day John the Baptist — a voice crying in the economic wilderness. He prophesied the world-wide financial crisis, the U.S. housing market crash and the partial collapse of the banking sector. He not only was ignored but derided by other economists who played the role of modern-day Caesars who fiddled while Rome was burning. “People asked me why I saw there was a bubble and my question was why others didn’t,” Roubini said in an interview. But then he answered his own question, “During the bubble everybody… Read More
