Dr Doom: Why the US cannot avoid recession

Advanced economies, compared with emerging markets, have better fundamentals, but getting back to ‘normal' will be a multi-year process, says economist Nouriel Roubini, who forecasts up to a decade of weak economic growth in the US.

Nouriel Roubini is an economist to be reckoned with. His outspoken and acerbic comments on the world's economic woes may have earned him the nickname Doctor Doom, but his pronouncements and forecasts are uncannily accurate. Through Roubini Global Economics (RGE), an independent global macroeconomic and market strategy research company he co-founded, he has come into the orbit of hedge funds, advising some of the biggest names in the business. It is no wonder hedge fund managers are eager for his opinions in order to understand the bigger economic picture. Roubini has advised US presid...