Nouriel Roubini & Peter Schiff & Marc Faber: We’re On The Verge of A Bubble Bigger Than 2007, It’s Going To Hit The Fan During Obama’s Second Term, Revolution or Significant Social Upheaval Inevitable.

Friday, February 22, 2013
By Paul Martin
February 22nd, 2013

ROUBINI: ‘Short-Term Bullish, Long-Term Catastrophe’

NYU economist Nouriel Roubini – known to many by his nickname, “Dr. Doom” – is getting bullish.

Roubini has been pretty negative over the past few months, despite the rally in asset prices and a general turn in sentiment toward the economy and markets on the Street.

Now, it seems like Roubini is finally coming around to the consensus view. In a way.

Coincidentally, his latest interview – with Yahoo! Finance’s Aaron Task – comes hot on the heels of the biggest sell-off this year, and as Task notes, people like Dennis Gartman are now rushing for the sidelines.

The bottom line for Roubini: “The outcome of it could be a credit bubble that’s bigger than the one we had in 2007.”

The Rest…HERE

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