by Nouriel Roubini | Jun 29, 2022 | Project Syndicate
There is ample reason to worry that major economies like the United States are heading for a recession, accompanied by cascading financial turmoil. Some of the worst elements of both the 1970s and the 2008 crash are now in play, with equity markets likely to move...
by Nouriel Roubini | May 26, 2022 | Project Syndicate
With “Team Persistent” having clearly prevailed over “Team Transitory” in the debate over the nature of today’s surging inflation, the question now is whether prices can be tamed without also causing a recession. The historical evidence suggests not, leaving central...
by Nouriel Roubini | Apr 25, 2022 | Project Syndicate
While recent shocks have made the current inflationary surge and growth slowdown more acute, they are hardly the global economy’s only problems. Even without them, the medium-term outlook would be darkening, owing to a broad range of economic, political,...
by Nouriel Roubini | Mar 30, 2022 | Project Syndicate
Like the COVID-19 pandemic, Russia’s war in Ukraine has contributed to the stagflationary pressures in the United States and other advanced economies. While fiscal and monetary authorities currently have the situation under control, they are likely to run up...
by Nouriel Roubini | Feb 25, 2022 | Project Syndicate
It is tempting to think that the war in Ukraine will have only a minor economic and financial impact globally, given that Russia represents merely 3% of the world economy. But policymakers and financial analysts need to avoid such wishful thinking. NEW YORK – In late...
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