Nouriel Roubini: Great Recession Or Greater Depresion?
Famous crypto skeptic Dr. Nouriel Roubini shares his in-depth analysis of the current coronavirus crisis, its impact on the global economy, and why the economic outlook looks much bleaker than in 2008.
"This time around, people were totally delusional thinking this will be a correction or V shape recovery...it was only recently when people got a reality check and realized this is worse than the global financial crisis," he said.
He explores the destruction of the real economy, impact and shortcomings of the containment strategies, and risks caused by the underlying debt bubble. He also goes in-depth explaining certain elements of the policy response and monetary policy of the US dollar.