Nouriel Roubini: Don't Believe The Optimists

  • This is dated May 21, 2009.

    Is this here because it was prescient and we're seeing exactly what was described in the article? Or is it here to show how wrong this guy was?

    These aren't smart-mouthed internet questions. I really don't know where we stand now compared to this guy's prognostications of doom.

    Any ideas?

  • A more sober article than the title might suggest, but let's not fall so in love with our problems that become apathetic about pursuing solutions. There's nothing actionable here, even for the cautious.

  • I think reality is somewhere in between "V-shaped recovery" and his predictions of misery until the end of 2011.