Nouriel Roubini on CNBC: "Mother of all Carry Trades"

By Trader Mark
04 November 2009 @ 08:50 am EDT

While Nouriel Roubini has received some flack of late, and in my estimation his biggest mistake was turning into a "market guru" rather than sticking to his bread and butter, economics - the following video interview this morning on CNBC aligns quite well with my world view.  The main difference is he believes stimulus will peter out in 2010 whereas I think our reckless leadership will continue sending stimulus after stimulus with no care to the ultimate costs on future generations.  They have elections to win.

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