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Roubini: Even 2010 will feel like a recession

Nouriel Roubini, nicknamed Dr. Doom by the media for his accurate but downbeat calls on the economy, is not presenting a very upbeat scenario here. He says that even if everything goes well, growth in 2010 will be very poor. It will feel like a recession.

The Bloomberg journalist interviewing him in this video is skeptical. You can see that she really wants the economy to recover now.

And, on CNBC it was much the same: they are practically mocking Roubini and Nassim Nicholas Taleb. I see this segment as very representative of the problem — watch how these two are attacked.

About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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