Nouriel Roubini: Perfect Storm for World Economy in 2013!

$ $ $

Roubini's Devastating Diagnosis - Freeland File

Nouriel Roubini, the NYU economist nicknamed "Doctor Doom" for his prediction of the 2008 financial crisis, believes that events are again turning against the global economy.

Professor Nouriel Roubini forecasts a "global perfect storm" in 2013 for the world economy, if five events occur:
* Crisis in Europe intensifies, recession ensues
* USA reaches fiscal cliff (tax increases and spending cuts), recession ensues
* Chinese economy slows further, has hard landing
* A slowdown in emerging markets (notably Brazil, Russia, India)
* A military confrontation in Iran

$ $ $

Art Cashin on Global Markets Gloom and Doom

$ $ $

Art Cashin on the Dismal Jobs Numbers Art Cashin, UBS director of floor trading, discusses the gloom and doom descending on global markets after this morning's weak employment report, and the flight to safety in gold.

$ $ $

Jim Rogers: Global Economic Shocks Coming in 2013 - 2014

$ $ $

Jim Rogers: Global Economic Shocks Coming in 2013 - 2014 The G8 meeting in Camp David was focused on saving Europe from its economic nightmares. World leaders discussed Greece and its severe debt crisis, trying to figure out how to save the eurozone. The Great Recession struck the world nearly four years ago, but the aftershock is still being felt. And it's unclear when the economy will finally start to recover, and where its new center will emerge. So are there any signs of light at the end of the tunnel? RT talks to one of the insiders of the world financial elite, co-founder of the Quantum Fund, Jim Rogers.

$ $ $

Marc Faber: Global Recession 100% Certainty

$ $ $

More Gloom & Doom Coming? Marc Faber, publisher of the Gloom Doom & Boom Report, says a global recession is 100% certain. He expects a global recession, including the USA, by the end of 2012 and beginning of 2013 as a result of a "gigantic systemic failure".

$ $ $