German Backstop Of Spanish And Italian Debt Holding The Key To Europe's Future

Nouriel Roubini , the New York University professor who predicted the 2008 financial crisis, talks with Bloomberg's Tom Keene about a German backstop of Spanish and Italian debt holding the key to Europe's future. He speaks on Bloomberg Television's "Bloomberg Surveillance." (Source: Bloomberg)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Many Powerful Italian Forces Favor Return To Lira

Fixit (Finland exit) & Quitaly (Italy quitting) are likely to happen earlier than Grexit. Many powerful italian forces favor return to lira. - in Nouriel`s Official Twitter 


Related ETFs: iShares MSCI Italy Index ETF (EWI)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Monetary And Fiscal Authorities Are Running Out Of Policy Bullets

Compared with 2008-09, when policymakers had ample space to act, monetary and fiscal authorities are running out of policy bullets - or, more cynically, policy rabbits to pull out of their hats.

Monetary policy is constrained by the proximity to zero interest rates and repeated rounds of quantitative easing. Indeed, economies and markets no longer face liquidity problems, but rather credit and insolvency crises. - excerpt from A Global Perfect Storm is Brewing 


Related: iShares MSCI Emerging Markets (ETF) (EEM), SPDR SP 500 ETF (NYSE:SPY)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

A Self-Fulfilling Slowdown

Increasing risk aversion is leading economic agents to adopt a wait-and-see stance that makes the slowdown partly self-fulfilling. - excerpt from A Global Perfect Storm is Brewing


Related: iShares MSCI Emerging Markets (ETF) (EEM), SPDR SP 500 ETF (SPY);

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

US Economic Performance Is Weakening

Farther to the west, US economic performance is weakening, with first-quarter growth a miserly 1.9 per cent - well below potential. And job creation faltered in the past two months, so the US may reach stall speed by year end.

Worse, the risk of a double-dip recession next year is rising: Even if what looks like a looming US fiscal cliff turns out to be only a smaller source of drag, the likely increase in some taxes and reduction of some transfer payments will reduce growth in disposable income and consumption. - in Today Online 

Related: SPDR S&P 500 Index ETF (SPY)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Greece Is A Side Show

"Greece is a side show. Italy & Spain may lose market access & need Troika rescue regardless of Greek elections as Spain bank rescue botched." - in a recent Tweet

Related stocks and ETFs: iShares MSCI Spain Index (ETF), iShares MSCI Italy Index ETF (EWI), National Bank of Greece (ADR) (NBG), Banco Santander ADR (STD)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

The Euro Zone Banking System Is Becoming Balkanised

The euro zone banking system is becoming balkanised, as cross-border and inter-bank credit lines are cut off, and capital flight could turn into a full run on periphery banks if, as is likely, Greece stages a disorderly euro exit in the next few months. - in Today Online

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Greece: New Government Will Fall In 6-12 Months

In 6 to 12 months ND-Pasok goverment will fall as economy will fall into a depression. Then new elections will lead Syriza to win and a Grexit to occur. - in Roubini`s Official Twitter

 Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Video Interview: Current Economic Crisis, Greece Exit

Latest video interview with RT.com


Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Greek Elections: Everything Will Depend On How Europe Reacts

Everything will depend on how Europe reacts. If the funding to Greece stopped, the country will collapse and many investors will get into panic. Then, a run on the banks in Portugal, Spain, and Italy will take place. Who pulls the plug on Greece will in turn provoke a total collapse of the euro-zone. - in AGI.it 


Related: National Bank of Greece (ADR) (NYSE:NBG), Banco Santander ADR (STD), Banco Bilbao Vizcaya, UniCredit SpA (BIT:UCG), Banca Monte dei Paschi di Siena SpA(BIT:BMPS), Banco Comercial Portugues SA(ELI:BCP), Banco BPI SA (ELI:BPI), Banco Espirito Santo SA(ELI:BES)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

The Savings Madness Must Be Stopped

The savings madness must be stopped. Governments must lower taxes and increase wages. Europe needs growth. The German government should give every German household a 1000 euros travel voucher. However, it should only be used for holidays in crisis countries. That will help boost growth there.

In addition, everyone who buys a holiday home in a southern European state should get a tax bonus. - in Bild 

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

What The Germans Must Understand

Germans must understand that bank recapitalization, European deposit insurance and debt mutualization are not optional Nouriel Roubini is an American economist. - in FT.com, Niall Ferguson & Nouriel Roubini

He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Perfect Storm In 2013

We are concerned about the potential for a “perfect storm” in 2013: a disorderly situation in the eurozone (EZ), with a Greek exit and significant contagion to other fragile periphery members; U.S. growth that slows to stall speed as a sharp fiscal cliff looms; tensions in the Middle East between the U.S./Israel and Iran that reach a boil and trigger a spike in oil prices; a landing in China that moves from soft to hard; and a massive slowdown in other emerging markets (EMs). - in RGE 


Related: SPDR S&P 500 Index ETF (SPY), iShares MSCI Emerging Markets ETF (EEM);

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Global Slowdown

Global slowdown: EZ/UK in recession, US close to stall speed, BRICs slowing down, EMs - in Asia, Latam, Central Europe - slowing down too. - in Twitter

Related: iShares MSCI Emerging Markets (ETF) (EEM), SPDR SP 500 ETF (NYSE:SPY), iShares MSCI Brazil Index (ETF) (NYSE:EWZ)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.