Tuesday, January 27, 2009

Dr. Doom

This is an interview with Nouriel Roubini, an academic who has gotten a reputation as accurately foretelling the current economic mess. I wonder whether a guy like this drinks his own bath water, i.e. becomes so addicted to fame that he feels a pressure to constantly up the ante with his pessimism to keep in the public's eye. Usually a guy like this finally busts when his prognostications of doom finally fail as the economy recovers. It is hard to tell right now if his interviews are honest economic assessments or whether he has started shading his predictions to stay in the limelight. I sure hope it is the latter.

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