Nouriel Roubini

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Nouriel Roubini
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Occupation Professor of Economics
Employer New York University
Location New York, NY
Website http://www.roubini.com/

Nouriel Roubini is a professor of Economics at the Stern School of Business at New York University and an economic consultant who has been nicknamed "Dr. Doom" because of his dire economic predictions. He is also the cofounder and chairman of the firm Roubini Global Economics. He is widely credited with predicting the popping of the U.S. housing bubble and resultant economic collapse that began in 2007.

In 2009 Roubini predicted that U.S. financial losses from the crash would more than triple to $3.6 trillion. He has advocated nationalizing U.S. banks, saying that most of them were insolvent. He has also called for an overhaul of the international bank regulatory framework.

In June 2011, Roubini published an article on the impending breakup of the eurozone[1] and issued statements at a interview in Singapore suggesting that crises facing the global economy would come to a head in 2013.[2]

Roubini has also been outspoken in his disdain for the popularity of cryptocurrencies and blockchain technology. In October 2018, in written testimony to the Hearing of the US Senate Committee on Banking, Housing and Community Affairs, Roubini referred to Bitcoin and other cryptocurrencies as "useless vaporware garbage" and "the mother of all bubbles" and to blockchain as "the most over-hyped – and least useful - technology in human history." [3]

Background

  • Cofounder and chairman of Roubini Global Economics, 2004 - 2011[4]
  • Advisor to the U.S. Treasury Department, July 2000 - June 2001
  • Senior Advisor to the Under Secretary for International Affairs; Director of the Office of Policy Development and Review (U.S. Treasury) , July 1999 - June 2000
  • Senior Economist for International Affairs, White House Council of Economic Advisers, 1998-1999

Education

  • Doctor of Philosophy, Harvard University, Economics Department May 1988.
  • Laurea in Economia Politica Universita Luigi Bocconi, 1982.

References

Last modified on 8 April 2019, at 14:07