2009 Recession Will Be Severe: "There is a Global Deflationary Risk,' Roubini Says
Unless you've been in hiding, you know Nouriel Roubini has been very negative on the global economic landscape for many months. The mainstream media won't give him air time because he speaks contrary to their bullish agendas. Here's a quick interview with Aaron Task on TechTicker where Roubini says this will be the worst recession in 50 years and unemployment will get close to 10%.
Roubini: Bail Out the Automakers, But Only on These Conditions...
Roubini talks about the conditions that must be met for him to favor a bailout.
Mortgage Rates to 4.5 Percent? Homebuilders Win, Crisis Continues
Roubini talks about how artificially lowering rates would help the home builders but until prices come down more, the housing situation will not improve.