Nouriel Roubini Predicts Great Depression for 2020s' Decade

by James DiGeorgia | 07/07/2020 3:27 PM

New York University's Stern School of Business Professor of Economics & Roubini Macro Associates, LLC CEO Nouriel Roubini warns Yahoo Finance's Julia La Roche to break down his economic outlook and recovery from the coronavirus pandemic.

While Wall Street markets continue to soar from the March 23, 2020 low despite signs that the U.S. and global economy are already in a devastating recession, there are increasing signs of an economic depression becoming a reality.

Famed economist Nouriel Roubini, aka 'Dr. Doom' believes we may be looking at a depression that will last throughout the next ten years. His view of the economic conditions ahead is diametrically opposite of what President Trump is insisting is going to happen.

This Yahoo Finance interview is a must-watch.