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My 'Perfect Storm' Is Unfolding Now


               
2012 Jul 9, 4:33am   2,609 views  2 comments

by StoutFiles   follow (0)  

http://finance.yahoo.com/news/roubini-perfect-storm-unfolding-now-104907590.html

"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.

#housing

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1   freak80   @   2012 Jul 9, 6:39am  

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.

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