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Nouriel Roubini, “Dr Doom”, comes to Romania

The famous American economist Nouriel Roubini, who foresaw the 2008 financial crisis two years in advance is one of the most famous analysts in the  world, is coming to Romania to participate in a conference organized by Profit.ro on November 11, and to attend the Annual Profit.ro Gala, on the same day.

Roubini will present the real state of world economy and prospects for the next period, will reveal details about the commercial war between USA and China, will explain in detail the impact of Brexit and will announce how Romania will be affected by those events.

Also called Dr Doom, Roubini is pointing out again to the possibility of a new crisis, different from the one that affected financial systems in 2007-2008, and will present details at the Profit.ro conference.

In 2006, Roubini warned the International Monetary Fund about the imminent recession because of the market bubble of credits and houses. His provisions became real in 2008, with the beginning of the world financial crisis. In September 2006, Roubini , an economy professor at New York University, announced a crisis will begin in the months and years ahead. In a year when economy was doing well, few people believed that housing prices and consumer confidence will drop, there will be an oil shock and a deep recession.