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Roubini: Worst Recession in 50 Years

December 4, 2008 RSS Feed Print

Dr. Doom hasn't changed his tune. RGE Monitor's Nouriel Roubini tells Aaron Task at Tech Ticker that we're headed for a global recession and that U.S. unemployment could hit 10 percent.

Video is here or see below:

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Compared to all other commodities, gold is unchanged. After OBAMA and the rest pump trillions in the economy and debase the currency, gold is going up, up and up!!

of PA 3:22PM December 08, 2008

You gotta love Nouriel Roubini... people make fun of him and call him "Dr. Doom", but he's been right and most everyone else has been wrong.
Guess it's more like "Dr. Realist".

Lee of CA 12:56PM December 05, 2008

GLD is falling with the market. It's now $73. Metals aren't immune to this catastrophe.

Zeon of TX 12:08PM December 05, 2008

Roubini: Worst Recession in 50 Years

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