- ARCHIVE / World, End Of
- Nouriel Roubini: The Rising Risk of a Financial Meltdown and the Escalating Losses in the Financial System
from RGE Monitor:
financial meltdown is becoming more likely by the day… my estimate that financial losses could end up being at least $1 trillion dollars – considered as an extreme worst case scenario a few weeks ago – is now being endorsed by an increasing number of serious analysts…
Serious concerns about a systemic financial […] - Run For The Hills (Great Depression fears mount )
Harry Koza in the Globe and Mail quotes Bernard Connelly, the global strategist at Banque AIG in London, who claims that the likelihood of a Great Depression is growing by the day.
Martin Wolf, celebrated columnist of the U.K.-based Financial Times, cites Dr. Nouriel Roubini of the New York University’s Stern School of Business, who, […] - Apocalypta 1
Money Flu has spread to China. Big deal.
And here the
Financial Times discusses problems associated with oil going over $100 a barrel esp. with regards it putting brakes on the Chinese economy.(Just for ‘fun’), a ‘forecaster’ (read, soothsayer) predicts the economic heavens will fall in 2008.