Nouriel Roubini is chairman of Roubini Macro Associate LLC and an instructor at New York University’s Stern School of Business. He earned a B.A. in political economics at Bocconi University and a Ph.D in international economics at Harvard University. He served the Clinton Administration as a senior economist and later, as a senior advisor to the Treasury Department undersecretary for international affairs, Timothy Geithner.
Roubini is perhaps best well-known for being one of the few economists who foresaw the housing crash and subsequent recession in the United States. His reputation for forecasting economic crises has earned him some colorful nicknames, such as “Dr. Doom” and “Permabear”. The housing crisis was caused not only by subprime lending, but also by a culture of excess and overzealous consumerism.
He has ranked on the list of top 100 global thinkers for Foreign Policy magazine in both 2011 and 2012. He has been a vocal critic of irresponsible government spending and suggesting that the international community ought to pay close attention when a government’s economy collapses as it can initiate a domino effect and taking other countries down with it, as he has feared for Europe.
In 2017, Roubini offered his speculation that the policy decisions of the Trump Administration may be just a sign of a global shift towards isolationism, a tremendous risk to global order.
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