Phrase by 'Nouriel Roubini'
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The U.S. has been living in a situation of excesses for too long. Consumers were out spending more than their income and the country was spending more than its income, running up large current-account deficits. Now we have to tighten our belts and save more.
Author: Nouriel Roubini - American EconomistLong , Living , Country , Situation
I love and collect contemporary art and go to all the art fairs. I love Damien Hirst and Matthew Barney. I grew up in Italy and had a humanistic education in philosophy and literature - things I love and appreciate. People are richer and more complex than just their day-to-day professional pursuits might suggest.
Author: Nouriel Roubini - American EconomistLove , People , Education , Art
I believe investors should invest for the long run, so I don't buy and sell. I usually maintain the classic index of global equities, diversified U.S. and global and emerging markets, and when the risk is larger, I diminish the amount in global equities and put more into liquid assets - but very irregularly.
Author: Nouriel Roubini - American EconomistLong , Run , Believe , Classic
Among the social media - I've tried them all - Facebook is a bit of a game, but Twitter is a productivity tool. I use it regularly and I'm addicted to it.
Author: Nouriel Roubini - American EconomistGame , Media , Social Media , Facebook
The economic costs, the financial costs, the job losses, the income losses, the fiscal costs of bailing out financial system are becoming larger and larger.
Author: Nouriel Roubini - American EconomistJob , Out , Financial , Economic
The trouble is that the average trader on Wall Street, he or she is so young, he doesn't even remember the recession of 2001, let alone the previous one.
Author: Nouriel Roubini - American EconomistRemember , Trouble , Alone , Street
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