Friday, August 5, 2011

Nouriel Roubini, Lakeside

I have already chronicled the jet set life of Nouriel Roubini, but this is off the charts. A few days ago he was in Shanghai, today he is lakeside in Maine, discussing the panic in the markets!

It is important to keep an eye on Roubini because, as I have pointed out before, he is Mr. Insider, when it comes to economics and finance. Pretty much every central bank in the world has him as a consultant. He is as tied in as it gets.

He is also pretty good at watching the numbers. Here is his latest tweet on the euro crisis:
Italy/Spain too big to fail & too big to be saved/bailed out. ECB buying their bonds not enough as public debt is 3Tr euros & EFSF too small
As far as his economic theories, he is a Keynesian and I don't agree with him on that, but he has said more nice thing about the Austrian school, than some supposed libertarians.

In his recent book,Crisis Economics, although mischaracterizing some Austrian economics, he did conclude that "...when it comes to the medium and long term, the Austrians have something to teach us."


  1. Fuck Roubini, he is an assistant in robbery. Robert W you shouldnt be happy for the crumbs these losers might throw our way

  2. He's basically a politician. He doesn't want to preemptively burn any bridges, so he finds nice words to say about everyone. It's classic charisma tactics.

  3. Really it is just common sense...anyone can figure this stuff out if they have a little reasoning ability. What would you do as the counterfeiter monopolist protected by the terror state's guns and jails?