by Nouriel Roubini | Aug 21, 2020 | Project Syndicate
Far from signaling its imminent demise as the main global reserve currency, the greenback’s sharp depreciation is to be expected in the current macroeconomic context. The forces that could erode the dollar’s hegemony remain slower-moving and farther off....
by Nouriel Roubini | Jul 29, 2020 | Project Syndicate
At the start of the year, when COVID-19 was barely on anyone’s radar outside of China, the global economy was entering a fraught phase, facing a range of potentially devastating tail risks. And though the pandemic has since turned the world on its head, all of...
by Nouriel Roubini | Jun 24, 2020 | Project Syndicate
The historic protests sweeping America were long overdue, not just as a response to racism and police violence, but also as a revolt against entrenched plutocracy. With a growing number of Americans falling into unemployment and economic insecurity, while major...
by Nouriel Roubini | Jun 1, 2020 | Project Syndicate
Although any joint EU action should be welcomed, the current COVID-19 response plan hardly amounts to a radical break with business as usual. Far from a long-awaited embrace of debt mutualization, the newly proposed European recovery fund risks being both politically...
by Nouriel Roubini | Apr 28, 2020 | Project Syndicate
While there is never a good time for a pandemic, the COVID-19 crisis has arrived at a particularly bad moment for the global economy. The world has long been drifting into a perfect storm of financial, political, socioeconomic, and environmental risks, all of which...
by Nouriel Roubini | Mar 24, 2020 | Project Syndicate
With the COVID-19 pandemic still spiraling out of control, the best economic outcome that anyone can hope for is a recession deeper than that following the 2008 financial crisis. But given the flailing policy response so far, the chances of a far worse outcome are...
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