Sounds like we’re in for another downturn: The U.S. economy has a “significant likelihood” of entering a double-dip recession if the government doesn’t step in to help the unemployed, economist Robert Shiller told MarketWatch News Break on Wednesday. Read more… More than a few economists are suggesting a return to a recession due to bleak…
Tag: Roubini
Roubini: “the worst is ahead of us”
Economy guru and professor at NYU, Nouriel Roubini gave a presentation in London, and basically said the worst is yet to come. Roubini, back in 2006, accurately predicted that the US will fall into a recession. Back in February, he predicted the financial market meltdown. Some quotes from the conference: We’ve reached a situation of…