What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead… — Nouriel Roubini Copy Share Image
If we didn't have greed, market economies wouldn't be as innovative as they are. But in my view, greed has to be contained by the fear of losses, so there has to be a system where, if you take too… — Nouriel Roubini Copy Share Image
The economic costs, the financial costs, the job losses, the income losses, the fiscal costs of bailing out financial system are becoming larger and… — Nouriel Roubini Copy Share Image
Technology is spurring innovation, and the so-called "demographic dividend" has brought change. — Nouriel Roubini Copy Share Image
What is important to me is that when I write something, people listen to me. I provide my wisdom to people, whether they agree… — Nouriel Roubini Copy Share Image
I believe investors should invest for the long run, so I don't buy and sell. I usually maintain the classic index of global equities,… — Nouriel Roubini Copy Share Image
The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially… — Nouriel Roubini Copy Share Image
I love and collect contemporary art and go to all the art fairs. I love Damien Hirst and Matthew Barney. I grew up in… — Nouriel Roubini Copy Share Image
I think it's true that the 1 Percent or the elite are living in a world of, maybe, excessive privilege, and they don't fully… — Nouriel Roubini Copy Share Image
Celebrity has become a burden. There are more demands on your time. People think it is glamorous to fly places. But it is not… — Nouriel Roubini Copy Share Image
No country can be complacent in making sure that excessive debt of the household doesn't create excesses and weaknesses in the financial system. Everything… — Nouriel Roubini Copy Share Image
Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire. — Nouriel Roubini Copy Share Image
I am quite international. My background, born in Turkey. My family is a Jewish family from Iran, so I went from Turkey to Iran… — Nouriel Roubini Copy Share Image
