...Old Habits Die Hard From RGE Global Monitor: Global Stocks: 2008 a Year of Historic Losses. 2009 More of the Same? Of the 83 stock markets around the world, just 10 are up year to date as of March 2, 2009, with China leading the way at 14.97%. Venezuela, Colombia, Abu Dhabi, and Israel have also ...

And then grab a stage break Nobody can be right all the time, but Dr. Nouriel Roubini has come pretty darn close so far. That does not, however, preclude being correct into perpetuity. Dr. Roubini has now grasped near constant media attention, and I believe the media’s insatiable desire for co...

newVideoPlayer("/drdoom_gawker2.flv", 506, 423,"");Amid the weakest stock-market close in 12 years, Nouriel "Dr. Doom" Roubini decided to scare everyone further, by telling CNBC our depression will last three years, unless maybe we void all mortgages. Roubini reiterated that "most" American financia...

Simon Johnson’s appearance on NPR’s “Fresh Air” is very informative on the case for nationalization of failing financial institutions, and what that would entail. He makes the point based on his IMF experience that this is what the IMF—and, indeed, the U.S. government—wou...

Dr. Krugman: [A]mong people I talk to there’s a growing sense of frustration, even panic, over Mr. Obama’s failure to match his words with deeds. The reality is that when it comes to dealing with the banks, the Obama administration is dithering. Policy is stuck in a holding pattern. [...] ...off...

Technology Surprise - cyber-crooks are targeting Facebook. This is like shooting fish in a barrel, but Facebook participants won’t understand that until it’s too late. They are busy throwing up pages in a vain attempt to garner attention, and have to figure out that the barrel is already...

Interesting WSJ interview with Nouriel Roubini, the man who saw the crash coming and tried to sound the alarm: "Again, I don't want to personalize things, but the last decade was one of self-regulation. But in the financial markets, without proper institutional rules, there's the law of the jungle -...

Doom-saying party-animal economist Nouriel Roubini has an op-ed in this Sunday's Washington Post and he's contributing to Forbes—when will he start live-Tweeting the apocalyptic economic collapse he's still predicting? Amusingly, the business school economics professor is now the official nati...

Oh, World Economic Forum. You were even more of a grotesque than we'd imagined. We don't know whether to laugh or cry. Especially when we hear stories like these: [Nouriel "Dr. Doom"] Roubini reports on his Facebook page that he " is partying with the other Horsemen of the Apocalypse (Taleb, Ferguso...

Gloomy economic party-haver and enthusiastic Facebook user Nouriel Roubini is in Davos, working hard to bring our own fameball Photoshop works to life. [His panel was aptly named "What Went Wrong"]...