"In May, Roubini predicted four elements - stalling growth in the U.S., debt troubles in Europe, a slowdown in emerging markets, particularly China, and military conflict in Iran - would come together in to create a storm for the global economy in 2013.
"(The) 2013 perfect storm scenario I wrote on months ago is unfolding," Roubini said on Twitter on Monday."
Even more telling than the article is the comment section. It seems like everyone can see they are making less and noticing the problems both at home and overseas. I'm not sure how less jobs, less money, and more anxiety is supposed to help the housing market in the long run.
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FollowBefriend (4)52 threads4,416 comments Corning, NYPremium
Yeah yeah yeah. More "predictions."
If I've learned anything, it's that I can't predict the mass behavior of 7 billion psychotic apes.
FollowBefriend (28)182 threads4,616 comments Premium
How do you spell CANNIBAL ANARCHY?
FollowBefriend3 threads81 comments
PUH_LEEEEEEASE If ever I saw a “doomer” it is this guy!>!>! I mean look at his face, you could hand this guy all of ROBERTO REALTORO’s real estate empire and that frown would stay UPSIDE DOWN. Come on now, sure most likely he is right on the money BUT SO WHAT??? Seriously get out there and buy a house, particularly follow the advice of DUCKHEADS not cry babies like this. **CHEEPANEEPAWOWOW**
I am sorry Mr Duckhead.
I got a little carried away.
I'll go buy a barn and rent it out to 30 Section 8 families and get busy living the life of a TYCOOON!