Nouriel Roubini talks economics, geopolitical concerns, automation, and more

[@wisencareful4645]

Now that’s a decent dose of reality most small minded people won’t want to absorb let alone consider. Far too many Truth Bombs for the public. Each point made has much merit & Bravo to him having to Guys to say it out loud…. Pity our Politicians don’t have the Guts to address the issues.

[@goldentiger1841]

This man is a economic genius !

[@luxushauseragency]

Ten points for Dr Realist. 👁👁Not nice to hear the harsh truth sometimes.💣💣💥

[@michelandresbeck934]

Roubini my favourite economist

[@tatmax4288]

👍 like for N. Roubini

[@brianoleson9224]

hes not over reacting people need to reconcile went through a pandemic not seen in 110 year nothing about right now is usual most people think a deep historic recession like 2008 is not even likely let alone worse its really sad

[@twesj]

The IRS is about to hire 87,000 agents. I have a few questions for those who think this isn't a big deal: what do you think is more likely? The rich paid tax advisors to use loopholes so they could pay as little as possible or they just decided not to pay their taxes. Who do you think they're more likely to go after? The rich guy who had a tax advisor do their taxes and has a lawyer on retainer or the average person who can't afford either of those things? Remember that the last spending bill democrats passed didn't have any pay-fors and is relying the IRS to collect taxes from those who haven't paid.

[@brianoleson9224]

if republicans take office in a few weeks which looks likely that will be blocked i would say its almost guaranteed not going to happen now twesj

[@twesj]

@@brianoleson9224 I'm hoping you're right. I just want to either understand why democrats think it would be a good thing or change someone's mind. It would be nice to have a civil discussion with a Democrat about it but I'm not having any luck at all.

[@brianoleson9224]

@@twesj reguardless i still think we are going to have a history downturn i.e years 1920,1929,2008 i kinda wrote my own comment about this but it baffels me how so many people are not worried about this recession its the wrong downturn to not worry about it. 10 million people bought a home during the pandemic it blows my mind such uncertainty but go out and make the biggest purchase of your life

[@twesj]

@@brianoleson9224 yeah I have a few people I now who did that. I think we're gonna see a crazy amount of foreclosures. I'm also worried about the automotive market. I'm not sure if they're still doing them but they were giving out sub prime loans similar to what they what caused the crash in 08. I honestly think people are just trusting the government too much since Covid. We're really already in a recession which I'm sure you know. I think people will be shocked once the government stops releasing from the SPR and inflation goes up even more. They're basically buying votes right now with all these handouts. I've already got my emergency supply ready just in case.

[@brianoleson9224]

@@twesj i think people think we are going to a 1970s style recession but this is not the grovey 1970s is so many ways but economically in 1970s stocks and homes were not at record prices and debt was not even 1trillion let alone 30trillion today. the dollar store is no longer the dollar store literally for the 1st time (believe its $1.25) thats got to do something to your psyche that we havent seen play out yet

[@checkforme234]

Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy. The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $250k is down to $192k any recommendation;s to scale up my return;s during this crash will be highly appreciated.

[@kimyoung8414]

You have to get a financial-advisor to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.

[@erichkraetz2622]

I agree, my proffit have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a brokerage-adviser. I found her on a CNBc interview where she was featured and reached out to her afterwards. long story short, its been two years now and I’ve gained over $850k following guidance from my inveestment adviser.

[@alexyoung3126]

@@erichkraetz2622 Please can you leave the info of your invstment adviser here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lol

[@erichkraetz2622]

@@alexyoung3126 INGRID CECILIA RAAD is the brokerage-adviser. She has been of great help and her tutelage has brought me to a higher understanding of proffit generation. You can look up her name on the net for her page and reach out. Understands the job perfectly.

[@venezuelainvestigators141]

How can this be done if corrupt people are running the show?

[@h.b2029]

Excellent

[@davidnour6963]

Yessir. Very worrying, especially climate change.

[@adeel5059]

He makes compelling arguments! We must lie in the bed we made with our own hands

[@ellengran6814]

Many people have argued against democracy because people unfortunately seem to choose the easy way = politicians who promise to give them all they want.

[@grapesodabanked]

Literally nobody voted for or supported the economic policies of Western regimes for at least the last few decades. Stop making excuses for our unelected dictators. It's their fault, their fraud, their crimes. Not "ours".

[@sayrith]

One issue I have (as a layman in regards to economics) is that an economic prediction is actually an economic dictation; in otherwords, it becomes a self fulfilling prophecy. So for example a prominent economist says that "theres gonna be a bad recession". Then the rest of us panic, lead to saving, spending less, and therefore a recession happening. Correct me if I am wrong, but I feel like that anytime someone says all this doom and gloom.

[@fys1-w7v]

mega sales of his book. just got it. wow!

[@cejannuzi]

LOL. Well, the crisis of 2007-8 actually started in 2006, so it didn't take a genius to see that one coming--for one thing, oil costs were way too high. And we are repeating that now.

[@nancyyancy5199]

What is frensuring?

[@davidm1411]

To a hammer, everything looks like a nail. And, no he’s not the “seer”. His track record since ‘08 (like Faber, Fleck, Grantham, etc) has been hideous. If we’re gonna trot out the “worlds is collapsing” rockstars, get Burry. He has a track record to envy.

[@abhijitjacob]

Retrospect experts predicting doom claim credibility with "I predicted 2008 collapse accurately but told the world just before release of my book in 2020"

[@ebenezerfagundes1001]

Clearly this guy is selling his book.

[@ikm64]

Worth reading....espically if you plan on having children.

[@adrianyates9879]

I will forever be indebted to you you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs. Ellen Wright

[@EliasDSmith]

Ellen changed my life because of the huge profits I got from investing with her.

[@robertalexander3585]

Entering into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why I trade with Rita, her skill sets are exceptional

[@StephenHHall]

I’m new at this, how can I reach your broker?

[@michelandresbeck934]

When Roubini talks “doom” the economy is about to get down

[@andrenguyen9787]

Commentator: of all the things in the world, what can we do? We say: we get on our knees and we pray 🙏. That is how humanity shall find peace again!

[@gregorysagegreene]

Kneel, to your weakness.

[@pattyveterans]

Hello Teodoro here from Kenya!!!!! pls buy our local slippers

[@sayrith]

I feel like all these issues are caused by 1 thing: greed and capitalism. The fact that he's glossing over than in this summary video worries me.

[@sayrith]

He is talking as if technology won't advance; like we will still be dependent on oil and gas. There are technological discoveries everyday in this field. Look at the channel "Undecided with Matt Ferrell" where he talks about emerging discoveries in regards to energy storage and tech.

[@georgephchen8973]

Do not worry!! All the crisis Mr. Roubini has already priced into the market!! Look, stock market is up!! Ride the bull trend now!!

[@FredLinden]

I assume you’re joking.

[@georgephchen8973]

@@FredLinden I’m not joking. Mr. Routine is trying get you sell your stocks NOW or short the market by scaring you with all those dreadful scenarios (attracting your eyeballs getting your attention), and the Wall Street folks can “bear rally” you and short squeeze the hell out of you, making hella money💰!!

[@supadave422]

This guy gives Mohamed El-Erian a run for his money as the ultimate fear pumper 🐻.

[@donmiller9405]

👍 FOR GOOD OLD USA.

[@sreckohorvat2298]

He doesn't consider himself a pessimist, He simply wakes up and sees a market collapse every morning

[@spbname8121]

Just remember, NOBODY KNOWS ANYTHING and this includes Roubini who is here peddling his book. Roubini would be the first one to tell you this in a private conversation.

[@lanista78]

Roubini is called Dr Doom because he's extremely biased to one side and keeps telling about the next big crisis, which, due to the cyclical nature of business, is always inevitable. He tells the story long enough, is wrong most of the time, but when the tide turns, he's the one "I told you so". Here, looking at the 10 threats, I mean the dude has just collected whatever comes to his mind. Any of these things will 100% happen somewhere in the future, and again, Roubini will be there saying "I told you so".

[@fugaspapa2818]

Too much knowledge in one persons head!😂😂😂

[@herrywenton9682]

Homie is a Debbie downer 😆

[@nothingisgiven8364]

If you want to prevent the wage price spiral increase equity, instead of giving a raise to someone give them a portion of equity which will also help productivity. Dumping the poor onto the government's balance sheet only increases inflation as they increase their spending to meet the demand. In future cycles Increased equity distribution will also drawdown equity valuations while unemployment is increasing which will reduce government spending and household spending due to the utilization of a limited resource.

[@laiphe]

This guy... Every single time he is asked about a theoretical solution, he has none. He only brings in problems one after the other. It's simply a pure academical person. Only able to analyze the past. His personal wealth is less than a hard working person who saved its money up to this guy's age. For a guy with his fame and knowledge it's not a good referrence in my book. There's no surprise to see a guy with such dark thoughs can't deliver growth. These issues are there and this issues burst from time to time. That's called recession. His statements are correct, but if you see such darkness, you won't find any way out.

[@3EBstudio]

Dr just prescribed pain

[@mfer134]

lol. "Doesn't consider himself a pessimist"

[@황승원-m5n]

so depressing!

[@poTyoB]

UH OH

[@vasiny109]

FURTENBURG, INC. Supports you .. .. let's go🇺🇸🇩🇪🇮🇱🇪🇺

[@ML-iz9cc]

Roubini missed out on greatest bull market in the history. Don’t listen to this naysayer. He has always been wrong.

[@ms.carlson3904]

The bible predicts a great apocalypse.

[@olimpiacruz1830]

P

[@sasaradonjic3161]

So whats gonna happend ? I have 124 different outcomes that will happend in the next 500 years.