Doha – US’s leading economist Nouriel Roubini warned that the Biden administration’s failure to take a firm decision on raising the debt ceiling could have serious consequences. He said this would lose confidence in the US dollar, and global markets would collapse. He added that the results will be seen on Wall Street in the […]
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Washington – Leading economist Nouriel Roubini gave a sensational warning that hundreds of banks in America have already gone bankrupt. In an article written under Project Syndicate, Roubini warned that US banks could lose up to 80 percent of their available capital through unrealized losses. In just one week last month, three US banks went […]
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London: According to economist Nouriel Roubini, the Chinese Yuan will threaten the importance of the US dollar as an international currency. The Chinese Yuan will also become an international currency in the future. He predicts the end of the monopoly and domination of the US dollar as an international currency. In the future, the world […]
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Davos: 99% of the Cryptocurrencies today are pure frauds and scams. Cryptocurrency is a criminal activity. Cryptocurrency is a bubble of fraudulent financial schemes that will burst soon, warned leading US economist Nouriel Roubini. In an interview on the background of the ongoing World Economic Forum in Davos, Europe, Roubini criticized the crypto sector. A […]
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Washington: ‘In the future, human society will face unprecedented threats. These threats are slowly building up and we are doing nothing to prevent them,’ warned Nouriel Roubini, a leading American economist. At this time, Roubini compared the dangers of the future to a slow-motion train wreck. American economists warned that the whole world is moving […]
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Washington: Economist Nouriel Roubini has concluded that the US economy will soon collapse due to inflation flareup, rising unemployment and reduced production. He further warned that interest rate hikes by the Federal Reserve to curb inflation would increase the debt burden and hamper economic growth. Roubini had earlier predicted an economic recession in 2008-09. Therefore, […]
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Washington: In the last few years, the use of cryptocurrencies has been increasing worldwide, and the International Monetary Fund has presented an important report in this regard. The report recommends that cryptocurrencies cannot become legal tender. At the same time, International Monetary Fund has also suggested that blockchain-like technology, which is used behind cryptocurrencies, can […]
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