“Crisis Economics: A Crash Course in the Future of Finance”
Nouriel Roubini is a professor of economics at New York University’s Stern School of Business. He is also CEO of Roubini Macro Associates, LLC, a global macroeconomic consultancy firm in New York, as well as Co-Founder of Rosa & Roubini Associates based out of London. Dr. Roubini has extensive policy experience as well as broad academic credentials.
The beginning of a classic banks run. If if u are one of the BagHolders at the end of the line you get totally wiped out as in any typical bank run...and here unlike a real banks there is no asset to cover liabilities nor any LOLR agent nor deposit insurance. So total wipe out https://t.co/GJdV0lJeae