TNR BLOGS

The Most Telling Part of Palin's Announcement
July 04, 2009 | 6:29 PM
The Biggest Loser in Palin's Exit
July 04, 2009 | 11:58 AM
The Killer Logic of Sarah Palin
July 04, 2009 | 11:32 AM

Check Out Noam Scheiber's New Blog, THE STASH
March 09, 2009 | 5:19 PM
Check Out TNR's New Health Care Blog, THE TREATMENT
March 09, 2009 | 5:16 PM
Farewell to The Stump
January 07, 2009 | 12:20 PM

War All The Time
July 01, 2009 | 10:33 PM
150 Years And Not One Day More
June 30, 2009 | 8:42 AM
Postscript To "He Hit Me..."
June 29, 2009 | 9:09 AM

Bush's Team of Unrivals
July 26, 2008 | 2:24 PM
Obama's Jump Shot for the Ages
July 23, 2008 | 1:55 PM
If Only Tennis Ruled the World...
July 17, 2008 | 3:56 PM

Weekend Reading
July 03, 2009 | 10:13 PM
Harry Reid, Not Very Pugilistic Ex-Boxer
July 02, 2009 | 12:57 PM
Quick Hits: Chestnuts Will Save Us Edition
July 01, 2009 | 7:02 PM
COLUMNISTS
TODAY'S STORIES
Blog Home | Contact | About |
14.12.2008
TNRtv: Roubini Predicts Deeper Recession

In an exclusive TNR interview, Nouriel Roubini, professor of economics at NYU's Stern School and chairman of Roubini Global Economics, argues that the worst is yet to come for the global economy. He foresees many more job losses in the U.S. and social upheaval abroad.

--Ben Eisler

Posted: Sunday, December 14, 2008 10:00 AM with 1 comment(s)

Comments

You must be logged-in to comment.

Not a subscriber? Click here to get a digital or print and digital subscription to The New Republic!

CRS9TNR said:

Boy TNR is on the cutting edge here.  Raoubini predicteds thsi recession 2 years ago and tried to warn a lot of folks about this.  That was about the same time we in Detroit saw the trouble brewing.

Now TNR has him after the cows are out of the barn and the barn is burning.

A little point here.  America and to some extent Europe may weather this storm a little bit better than Dr. Roubini's prediction.  Those economies have put aside a lot of money for social programs and insurance, and allow women to work at equivalent wages to men.  Two wage earner homes will be fundamentally better able to withstand a job loss with a 2nd income and the insurance programs in place.  Latin America, China and eastern european economies will not have these protections and will fall harder.  But the economists have not studied fairness and social protection as economic models that protest the economy.

Better late than never.

December 14, 2008 10:25 AM