I know you passed your series 7 and you manage money for successful people. But you’re an idiot, truly and wholly. Instead of spit-balling from your FEEEEEEEEELINGS, let’s listen to an actual Phd in economics — Dr. Roubini — NYU
In short, we’re fucked. But watch. What do you have to lose? Hang on, I know what you’re going to say: “FUCK THAT GUY HE’S BEEN WRONG FOR A DECADE.”
WRONG and we’ve been rigging like a motherfucker for a decade. This is when you listen to guys like Nouriel because he’s smart and see the risks. Whether we are able to paper over those risks is another story. But he is excellent at telling you what the problems are that need to be addressed.
“THE ECONOMY IS GOING TO CONTINUE TO SURPRISE TO THE DOWNSIDE.”