Roubini Sees Risk Of Double Dip Recession (Video)

Two more short clips from Nouriel's appearance on Squawk Box this morning.  He sees the global economy emerging from recession by the end of this year, but hedges with his fear of a double-dip into negative growth as the stimulus dissipates, the Fed retreats, and oil prices spike.

Watch

Roubini on mending the global economy (2:55).

"The world economy still risks a double-dip recession if oil prices rise toward $100 per barrel and if huge U.S. government debts frighten investors, Nouriel Roubini, professor of economics and chairman of RGE Monitor, told CNBC (7:31)."

recession, economy, crisis, video

Comments

[Armando Montelongo]

Good post. Roubini has been 100% correct so far. Too bad he is not running the country.

[DailyBail]

Can't fault Roubini and Taleb for honesty...