You can’t accuse economist Nouriel Roubini of pulling his punches on the subject of cryptocurrencies. The man given the moniker “Dr. Doom” for correctly predicting the financial crisis of 2008 has come up with seven “C” words to describe cryptocurrencies “Concealed, Corrupt, Criminals, Crooks, Con Men, Carnival-barkers, Cult, Crappy,” he wrote on Twitter. Roubini also … Read more
‘A paid hack’: Nouriel Roubini just tore into Kevin O’Leary for his ties to bankrupt FTX, hopes CNBC will ‘get rid of him’ — but Mr. Wonderful still likes these low-risk stocks for income The downfall of cryptocurrency exchange FTX has impacted quite a few celebrities. That includes Kevin O’Leary — a star on CNBC’s … Read more
“What are the 7 C’s of crypto? Concealed. Corrupt. Crooks. Criminals. Conmen. Carnival barkers. And finally, CZ.” That was famed economist Nouriel Roubini, a longtime critic of cryptocurrencies, attacking Binance founder and CEO Changpeng Zhao at Abu Dhabi Finance Week just after the cryptocurrency executive known as CZ left the stage. Roubini said he couldn’t … Read more
Nouriel Roubini has a reputation on Wall Street as a bit of a pessimist. Okay, maybe more than a bit. The 64-year-old NYU economics professor and CEO of Roubini Macro Associates has shared so many bleak predictions over the years that he has earned the moniker Dr. Doom. But many younger market watchers forget that … Read more
(Bloomberg) — Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a “long and ugly” recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500. Most Read from Bloomberg “Even in a plain vanilla recession, the S&P … Read more