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  • unclefulbert unclefulbert Feb 5, 2013 12:09 PM Flag

    sst, Dr. Doom has changed his tune since "Perfect Storm"

    Apparently, he is kicking himself for missing the Obama Rally:

    By Angela Monaghan, Economics Correspondent

    7:51AM BST 18 Jul 2012

    Mr Roubini, the New York University professor dubbed "Dr Doom", said a number of unpleasant factors would combine to derail the global economy in 2013, including an escalation of the eurozone crisis.

    Other factors included further tax increases and spending cuts in the US that may drive the world's largest economy into recession; a hard landing for China's economy; a further slowdown in emerging markets; and war with Iran.

    "Next year is the time when the can becomes too big to kick it down [the road]...then we have a global perfect storm," he told Reuters.


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