Worst-ever economic crash coming – Nouriel Roubini ...News

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Worst-ever economic crash coming – Nouriel Roubini
source : Russia Today ( News ) () 57
The great stagflationary debt crisis will hit markets this year, the famed economist warns The world is facing the “perfect storm” of high inflation, rising interest rates and a recession in 2023, with people who are currently employed likely to be hit hardest by the crisis, famed economist and New York University professor Nouriel Roubini told Australia’s ABC on Thursday. One of the first economists to predict the financial crisis of 2008-09, Roubini has been warning now for months of a stagflationary debt crisis, which would combine the worst elements of 1970s stagflation and the 2008 debt crisis. “I do believe

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