Nouriel Roubini: Still a 50-50 Chance for Global Economic Meltdown
January 23 — There's a 50 percent chance of a Chinese hard landing, a U.S. double-dip recession and a European economic meltdown, a perfect storm of events that would likely erupt in 2013, says New York University economist Nouriel Roubini.
Roubini, who accurately called the timing and severity of the U.S. housing collapse and global recession years before they happened, has warned of the triple whammy in the past, telling The Globe and Mail this time around the chances are still "significant" even as the U.S. shows signs of improvement today Read more.
