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Dr. Doom Has Some Good News

Here’s some good news from Dr. Doom, in fact, that’s the title.

Dr. Doom Has Some Good News

By James Fallows writing in The Atlantic

Nouriel Roubini, the New York University economist who accurately forecast the bursting of the housing bubble and the resulting economic contraction, has become famous for his pessimism—he has been the gloomiest of the doomsayers. Which is what makes his current outlook surprising: Roubini believes that the Obama administration’s policy makers—and especially the much-maligned Tim Geithner—have gotten a lot right. Pitfalls may still abound, but he is now projecting an end to the recession, and he sees growth ahead.

Read the article here >>

Photo:  Nouriel Roubini 02, by Kjetil Ree, photo and license at Wikipedia.

 


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