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Nouriel Roubini

Treasury Secretary Yellen Refutes Economist Nouriel Roubini’s Allegations of Financial Manipulation

Treasury Secretary Yellen Refutes Economist Nouriel Roubini’s Allegations of Financial ManipulationU.S. Treasury Secretary Janet Yellen has denied claims by economist Nouriel Roubini and former Trump administration official Stephen Miran that the Treasury manipulated the issuance of securities to lower real borrowing costs. Yellen assured in a Bloomberg interview that no such strategy had ever been discussed or implemented. Roubini and Miran’s paper argued that Treasury […]

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Economist Nouriel Roubini Warns Recession Still Looming for US, Says Markets Are Too Optimistic

Economist Nouriel Roubini Warns Recession Still Looming for US, Says Markets Are Too Optimistic

Global economist Nouriel “Dr. Doom” Roubini warns that the US economy is facing a number of headwinds suggesting that a period of contraction is still on the horizon. In a new Bloomberg Television interview, Roubini says that the Fed is likely to keep rates higher for the foreseeable future despite the optimism in the markets. […]

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Bitcoin Critic Nouriel Roubini Warns of Complacency in Stock Market, Says Big Surprise Coming This Year

Bitcoin Critic Nouriel Roubini Warns of Complacency in Stock Market, Says Big Surprise Coming This Year

Crypto critic and economics professor Nouriel Roubini is warning that the markets are in for a big shock this year. In a new interview with Bloomberg Television, the economist known as “Dr. Doom” says that inflation is going to prove a lot harder to bring down than the central banks currently expect, and they will […]

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Chinese Yuan Overtakes US Dollar as Most Used Currency to Settle Cross-Border Payments in China

Chinese Yuan Overtakes US Dollar as Most Used Currency to Settle Cross-Border Payments in ChinaThe Chinese yuan is now China’s most used currency for cross-border settlements. According to official data from the State Administration of Foreign Exchange, the Chinese yuan rose to be the most-used currency in March over the U.S. dollar, in a push from the Beijing government to internationalize its currency for payments. Chinese Yuan Used to […]

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Bank of Russia Analysts Note Ditching US Dollar Is ‘Hardly Possible’ Without Structural Changes to Foreign Trade

Bank of Russia Analysts Note Ditching US Dollar Is ‘Hardly Possible’ Without Structural Changes to Foreign TradeA report from the research department of the Bank of Russia shows that, due to the structure of foreign trade contracts, it will be difficult to ditch the usage of the U.S. dollar to settle payments. The analysts found that contracts are often denominated in U.S. dollars and that most transactions are still concluded with […]

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Nations to Dump US Dollar and Create ‘Bipolar’ Global Currency System: Nouriel Roubini

Nations to Dump US Dollar and Create ‘Bipolar’ Global Currency System: Nouriel Roubini

Strategic rivals of the US are going to move away from the dollar and create a “bipolar” global reserve currency system, says economist and NYU professor Nouriel Roubini. In a series of new interviews, Roubini says there’s no doubt that China and Russia are teaming up with allies to build an alternative monetary system that […]

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Roubini: We’re Shifting to ‘Bipolar’ Global Reserve Currency System With Chinese Yuan as Alternative to US Dollar

Roubini: We’re Shifting to ‘Bipolar’ Global Reserve Currency System With Chinese Yuan as Alternative to US DollarEconomist Nouriel Roubini, also known as “Dr. Doom,” predicts that the global reserve currency system will shift from unipolar to bipolar. He expects most countries that attempt to reduce their reliance on the U.S. dollar to propose the Chinese yuan as an alternative to the USD. Roubini on U.S. Dollar and Chinese Yuan as Global […]

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‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks

‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central BanksEconomist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini: ‘Liquidity Support Cannot Prevent This Systemic Doom Loop’ The renowned economist Nouriel Roubini, also known […]

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Bitcoin Critic Nouriel Roubini Blasts BTC Amid US Banking Crisis, Says Crypto House of Cards Is Collapsing

Bitcoin Critic Nouriel Roubini Blasts BTC Amid US Banking Crisis, Says Crypto House of Cards Is Collapsing

Crypto critic and professor of economics at New York University’s Stern School of Business Nouriel Roubini is expressing skepticism on Bitcoin (BTC) and other digital assets amid a banking crisis in the US. In a new Stansberry Research interview, Roubini says that the crypto ecosystem has numerous bad actors, and the end days of the […]

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Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar

Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US DollarNouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute for the dollar, as new technologies like central bank digital currencies (CBDCs) and corporate payment rails contribute to a new landscape. […]

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