We're essentially continuing a system where profits are privatized and...losses socialized.
Nouriel RoubiniI am just a normal human being - I am alive! Why is anyone surprised that I am human? Like many New Yorkers, I have a multifaceted life.
Nouriel RoubiniAll the risky things that were happening back in ’06 and ‘07 are back again to the same level, if not more. So we are in the beginning of a credit bubble, but just the beginning.
Nouriel Roubini