Nouriel Roubini
Nouriel Roubini
Nouriel Roubiniis an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an economic consultancy firm...
NationalityAmerican
ProfessionEconomist
Date of Birth29 March 1958
CountryUnited States of America
banks care central investors less private return scholars-and-scholarship
While central banks care less than private investors about the return on their investments, they're not completely clueless,
ability banks central depends finance foreign hold ourselves shrinking
Our ability to finance ourselves depends upon the willingness of foreign central banks to hold dollars. That willingness is going to be shrinking (this) year.
luxury negative sending signal
I think it's a very negative signal we're sending to the world. We don't have the luxury to snub the world.
ability china cost foreign increase markets order policy send surely veto
The ability to send a 'sell' order that roils markets may not give China a veto over U.S. foreign policy, but it surely does increase the cost of any U.S. policy that China opposes.
act beyond living
Were living beyond our means, ... and we have to get our act together.
essential financial financing global increasing needs system
Global imbalances are growing, cross-border financing needs are increasing and a smooth-functioning financial system is now essential for this.
above assets continue current dangers foreign foreigners form fraction high increasing owning patterns percent spending stop whining
If we continue with our current patterns of spending above our incomes, by 2013 the U.S. foreign liabilities could be as high as 75 percent of GDP and an increasing fraction of such liabilities will be in the form of equity. So, let us stop whining about the dangers of unfriendly foreigners owning our firms and assets and get used to it.
born family iranian jewish mixed raised turkey
My family is a Jewish Iranian family, but I was born in Turkey and raised in Italy. So it's a very mixed background.
again attention clear dollar global lower market renewed saying weak worried
There's renewed market attention on global imbalances as governments have showed again they're worried and the U.S., without saying it has a weak dollar policy, is making clear it would like a lower dollar.
amount asset attempt buy direct effect foreign investment lots lucky material restrict risky
Anything that makes your attempt to buy an asset more risky can have a material effect on the amount of investment we get. These days, we'd be lucky if we get lots of foreign direct investment. We should not restrict it. We should make it easier.
causes definitely europe household split
There is definitely a big split in Europe at the moment. Europe is getting leaner and meaner, but that causes nervousness at the household level.
brilliant people
He's one of the most brilliant people I've ever met.
delicate disaster economy economy-and-economics massive might natural oil shock top
This is a very delicate moment. The economy is already very imbalanced. On top of that, we've had a massive oil shock and now we have a natural disaster that might be something of a tipping point.
belts consumers country excesses large running save spending
The U.S. has been living in a situation of excesses for too long. Consumers were out spending more than their income and the country was spending more than its income, running up large current-account deficits. Now we have to tighten our belts and save more.