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Nouriel Roubini: Double-Dip Odds Now Greater Than 40%, GDP To Be 'Pathetically Lousy' (VIDEO)

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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 02:23 AM
Original message
Nouriel Roubini: Double-Dip Odds Now Greater Than 40%, GDP To Be 'Pathetically Lousy' (VIDEO)
If you're looking for signs that the U.S. economy is on the mend, you may want to steer clear of Nouriel Roubini's Twitter page.

The famed economist set off waves yesterday when he tweeted: "Q3 GDP growth very likely to be below 1 percent; and likely to be closer to 0% than to a pathetically lousy 1 percent. So double dip risk is now > 40 percent."

Roubini, who is the chairman of Roubini Global Economics and a professor at NYU's Stern School of Business, called into CNBC this morning to explain his statement. <snip>

Video at link: http://www.huffingtonpost.com/2010/08/26/roubini_n_695536.html
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 06:21 AM
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1. k & r ..
still at zero.
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 09:47 AM
Response to Reply #1
3. Unreccing is easier than facing the fear. nt
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 06:57 AM
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2. Recommend
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Hawkowl Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 12:30 PM
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4. Fire Geithner, Sumers and Bernake
If these people held actual jobs and actually had to be accountable to a boss like virtually all of us, they would be shit canned without so much as a "fuck you very much" and good luck to you.
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amborin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 01:35 PM
Response to Reply #4
5. +1
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 02:27 PM
Response to Reply #4
6. +2 nt
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