His name is Nouriel Roubini, but he is still an American

September 29, 2008

Nouriel Roubini is recently famous for predicting all the major stages of the current financial crisis and for his strident, declamatory style.  Ignorant as I am, I hope it’s the style and not the predictive genius that’s on display in this article:

This is again a case of privatizing the gains and socializing the losses; a bailout and socialism for the rich, the well-connected and Wall Street. And it is a scandal that even Congressional Democrats have fallen for this Treasury scam that does little to resolve the debt burden of millions of distressed home owners.

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