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Nouriel Roubini, the economist renowned for his pessimistic takes on markets and the world economy, is feeling more upbeat ...
They call him “Dr. Doom” for a reason ... and particularly in the debt of “zombies”—companies that have taken on too much debt and rely on unsustainable business models.
The 'Dr Doom' economist warned that 'the mother of ... to increase interest rates in an effort to restore price stability, zombies are experiencing sharp increases in their debt-servicing costs ...
Today, Dr Doom is even gloomier ... He described them as “zombies” that were only kept alive by years of low interest rates. The meltdown isn't far away: “It’s too late to find a solution ...
Nouriel Roubini, the economist dubbed "Dr Doom" for predicting the credit crunch, has sounded a stark warning about the long-term effects of relying on quantitative easing to keep crisis-hit western ...