From the category archives:

Nouriel Roubini

50,000 Jobs Cut Today Alone

January 27, 2009 · 2 comments

in Nouriel Roubini, layoffs, recession, unemployment

Yes, that’s right.  Quite amazing.  It was led by Caterpillar, but also retailers like Home Depot.  Kevin O’Leary estimates that this means we might be heading towards 10% unemployment in the U.S.  Yikes!
According to O’Leary today on BNN, pretty much the only remaining hope in the investment world right now (in terms of earnings) is [...]

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Nouriel Roubini Says US Recession To Be Worst in 50 Years

November 21, 2008 · 2 comments

in Nouriel Roubini, auto-manufacturers, news and updates, recession

In an interview on Wednesday with a Bloomberg correspondent, Roubini let out another dire prophecy, although it’s not very specific and not different than what he’s been saying before.  Here are some excerpts from that interview.  You can also watch the whole video from the link below.
Basically the message is that the picture is still [...]

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