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Seattle Bubble Forum Archive • View topic - I Am Dr. Realist (Interview with Dr. Roubini)

I Am Dr. Realist (Interview with Dr. Roubini)

How will housing affect the US and world economy? How will the economy affect housing?

Moderators: synthetik, The Tim, Lake Hills Renter

I Am Dr. Realist (Interview with Dr. Roubini)

Postby TJ_98370 » Wed Apr 29, 2009 3:44 am

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In Newsweek article , Dr. Roubini expresses his opinion about the future economy.
.
.....The periods of high growth in the United States in the last 25 years have been characterized by an asset and credit bubble. Whatever the future growth is going to be, this time around it needs to be sustainable and not bubble-prone because we are running out of bubbles to create. We had the real-estate [bubble], tech bubble, housing bubble, hedge-fund bubble, private-equity bubble, commodities bubble, even the art bubble—and they are all bursting....
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Re: I Am Dr. Realist (Interview with Dr. Roubini)

Postby Charles Dean » Thu Apr 30, 2009 7:25 am

The only way to do that is thru government regulation. Free market is all about peaks and valleys.
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