Watch: Economist who predicted last financial crisis warns of coming 'Greater Depression'
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Nouriel Roubini, NYU professor and former White House senior economist under U.S. President Clinton, joins BNN Bloomberg to discuss why he predicts a depression will hit the global economy in the middle of the decade.
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Francisco Gimeno - BC Analyst Recession, depression, worries, even recovery, there are many opinions on the Net now. Roubini, always the pessimistic (he says realistic) warns us, the worst is to come yet. We agree with him in this: this pandemic is a global shock for the economy and society. This is potentially good long term, if this means a call to change society, economy everything, towards a digital economy on the 4th IR, while living in a climate emergency. Meanwhile, we need to be resilient and proactive.