Nouriel Roubini

Economist

1958-03-29

Nouriel Roubini is an economist known for work on international macroeconomics and financial crises. He is a professor and policy commentator on global markets.

Quotes by Nouriel Roubini

The U.S. has been living in a situation of excesses for too long. Consumers were out spending more than their income and the country was spending more than its income, running up large current-account deficits. Now we have to tighten our belts and save more.
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Celebrity has become a burden. There are more demands on your time. People think it is glamorous to fly places. But it is not - even if you travel business class and stay in wonderful hotels, you end 10,000 miles away from home.
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In an extreme credit crunch, leveraged purchases of gold cause forced sales, because any price correction triggers margin calls. As a result, gold can be very volatile - upward and downward - at the peak of a crisis.
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I have more concerns about potential risks and vulnerabilities than most people.
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