Dr. Doom speaks again…..
by Tom on February 3, 2009
in Market Musings, banks
A couple of thoughts about this video:
Dr. Roubini has a reputation of being incredibly accurate over the last couple of years.
He has also earned the reputation of his nickname Dr. Doom because of how negative he is.
Why am I even bothering put this up? A couple of reasons:
- I think that we are heading toward the “third wave” of the financial mess and it’s going to get really ugly soon.
- I think it’s important that people realize what’s going on and plan for it as best as they can.
- I think that its important people realize I’m not the only one with a negative outlook on things (we won’t mention who I’m referring to but let’s just say that he calls it my “Michigan disease.”)
I’d say to “enjoy” but you really shouldn’t. But watch it any way.
Tom Vanderwell
