Dr. Doom Predicts 'Trillions' in Losses Ahead: Roubini Warns of Economic Turmoil and Geopolitical Conflicts Threatening Markets
-
Renowned economist Nouriel Roubini ("Dr. Doom") warns investors face "trillions" in losses over the next decade due to economic and geopolitical threats.
-
Roubini worries the Fed will bend on its 2% inflation target to avoid recession, causing above-target inflation.
-
Global conflicts like Russia/Ukraine could escalate, raising energy prices and military spending.
-
The "everything bubble" of speculative assets inflated valuations across markets, now facing a bloodbath.
-
If humanity navigates threats like AI and geopolitical tensions, the future could still be bright after the coming chaos.