My Slow-Motion Slow Down thesis — a gradually slowing economy that sees GDP eventually slip to 0, and eventually takes a major toll on the stock market — is almost mild compared with NYU’s Nouriel Roubini. His economic thesis is for a full blown recession in the US come mid-2007, along with a major slow down in China (but not a recession).
You can see the full video here:
Hat tip: GB!
Roubini: The Biggest Bear on Wall Street
The Street.com, 10/17/2006 2:37 PM EDT