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The Next Big Bubble?

Posted by Matt in November 9th, 2009

We are on the expressway to a supercritical, economic meltdown. It must be. To understand why our economic policies are a recipe for disaster, you need to read this article: Destination U.S. – Do you like a lot of pain and suffering?

When Nouriel Roubini talks, the world listens. Roubini is, of course, the once-obscure New York University economist whose dire warnings about a financial crisis proved depressingly prophetic. Last week, Roubini was shouting. Writing in The Financial Times, he warned that the Federal Reserve and other government central banks are fueling a massive new asset “bubble” that — while not in imminent danger of bursting — will someday do so with calamitous consequences.

RealClearPolitics – The Next Big Bubble?


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