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Nouriel Roubini Quotes

I 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 Picture Quote #1

I’ve nothing against Goldman Sachs. But Goldman Sachs isn’t an investment bank. Goldman Sachs is a hedge fund. It’s bigger than any hedge fund. It’s more leveraged, to the power of three or five, than any hedge fund Picture Quote #1

No country can be complacent in making sure that excessive debt of the household doesn’t create excesses and weaknesses in the financial system. Everything is interconnected Picture Quote #1

My family is a Jewish Iranian family, but I was born in Turkey and raised in Italy. So it’s a very mixed background Picture Quote #1

The economic costs, the financial costs, the job losses, the income losses, the fiscal costs of bailing out financial system are becoming larger and larger Picture Quote #1

I think globalization actually maintains and fosters various elements of national and cultural identities. I don’t think everything is being homogenized. If anything, your food, your culture, and your ethnicity might become part of the globalized world, and thus absorbed by other countries Picture Quote #1

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I don’t personally consider myself Dr. Doom. I call myself Dr. Realist, even though it’s less exciting and more boring than being called Dr. Doom. If you are consistently saying ‘the world is going to end,’ who is going to listen to you? Picture Quote #1

You have to eventually nationalize US banks, you have to take the problem by the horns. In my view actually most of the US banking system is insolvent Picture Quote #1

I love and collect contemporary art and go to all the art fairs. I love Damien Hirst and Matthew Barney. I grew up in Italy and had a humanistic education in philosophy and literature - things I love and appreciate. People are richer and more complex than just their day-to-day professional pursuits might suggest Picture Quote #1

If we didn’t have greed, market economies wouldn’t be as innovative as they are. But in my view, greed has to be contained by the fear of losses, so there has to be a system where, if you take too much risk, you go into bankruptcy. You don’t systematically bail out people who take excessive risks Picture Quote #1

Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire Picture Quote #1

What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics Picture Quote #1

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Edward Conard provides a provocative interpretation of the causes of the global financial crisis and the policies needed to return to rapid growth. Whether you agree or not, this analysis is well worth reading Picture Quote #1

Gold has no increasing value. And if you’re really worried about, say, inflation rising, I would buy Spam. You know, you can eat Spam. You cannot eat gold Picture Quote #1

I’m a rock star among geeks, wonks, and nerds Picture Quote #1

We’re essentially continuing a system where profits are privatized and... losses socialized Picture Quote #1

In the history of modern capitalism, crises are the norm, not the exception Picture Quote #1

I think globalization actually maintains and fosters various elements of national and cultural identities. I don’t think everything is being homogenized. If anything, your food, your culture, and your ethnicity might become part of the globalized world, and thus absorbed by other countries Picture Quote #1

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Having spent 10 years studying emerging markets, I know that you have patterns repeated over and over again. A bubble is like a fire which needs oxygen to continue... when you see there is no oxygen, things change Picture Quote #1

I’m not a pessimist by nature. I’m not someone who sees things in a bleak way Picture Quote #1

All 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 Picture Quote #1

The gains from technology must be channeled to a broader base of the population than has benefited so far Picture Quote #1

I think investing in a good education has been key for me, although the investment was more in time than money Picture Quote #1

A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms Picture Quote #1

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Friendship Quotes

Motivational Quotes

Inspirational Quotes

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Text Quotes

I 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 Roubini Quotes) I’ve nothing against Goldman Sachs. But Goldman Sachs isn’t an investment bank. Goldman Sachs is a hedge fund. It’s bigger than any hedge fund. It’s more leveraged, to the power of three or five, than any hedge fund. (Nouriel Roubini Quotes) No country can be complacent in making sure that excessive debt of the household doesn’t create excesses and weaknesses in the financial system. Everything is interconnected. (Nouriel Roubini Quotes) My family is a Jewish Iranian family, but I was born in Turkey and raised in Italy. So it’s a very mixed background. (Nouriel Roubini Quotes) The economic costs, the financial costs, the job losses, the income losses, the fiscal costs of bailing out financial system are becoming larger and larger. (Nouriel Roubini Quotes) I think globalization actually maintains and fosters various elements of national and cultural identities. I don’t think everything is being homogenized. If anything, your food, your culture, and your ethnicity might become part of the globalized world, and thus absorbed by other countries. (Nouriel Roubini Quotes) I don’t personally consider myself Dr. Doom. I call myself Dr. Realist, even though it’s less exciting and more boring than being called Dr. Doom. If you are consistently saying ‘the world is going to end,’ who is going to listen to you? (Nouriel Roubini Quotes) You have to eventually nationalize US banks, you have to take the problem by the horns. In my view actually most of the US banking system is insolvent. (Nouriel Roubini Quotes) I love and collect contemporary art and go to all the art fairs. I love Damien Hirst and Matthew Barney. I grew up in Italy and had a humanistic education in philosophy and literature - things I love and appreciate. People are richer and more complex than just their day-to-day professional pursuits might suggest. (Nouriel Roubini Quotes) If we didn’t have greed, market economies wouldn’t be as innovative as they are. But in my view, greed has to be contained by the fear of losses, so there has to be a system where, if you take too much risk, you go into bankruptcy. You don’t systematically bail out people who take excessive risks (Nouriel Roubini Quotes) Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire (Nouriel Roubini Quotes) What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics (Nouriel Roubini Quotes) Edward Conard provides a provocative interpretation of the causes of the global financial crisis and the policies needed to return to rapid growth. Whether you agree or not, this analysis is well worth reading (Nouriel Roubini Quotes) Gold has no increasing value. And if you’re really worried about, say, inflation rising, I would buy Spam. You know, you can eat Spam. You cannot eat gold (Nouriel Roubini Quotes) I’m a rock star among geeks, wonks, and nerds (Nouriel Roubini Quotes) We’re essentially continuing a system where profits are privatized and... losses socialized (Nouriel Roubini Quotes) In the history of modern capitalism, crises are the norm, not the exception (Nouriel Roubini Quotes) I think globalization actually maintains and fosters various elements of national and cultural identities. I don’t think everything is being homogenized. If anything, your food, your culture, and your ethnicity might become part of the globalized world, and thus absorbed by other countries (Nouriel Roubini Quotes) Having spent 10 years studying emerging markets, I know that you have patterns repeated over and over again. A bubble is like a fire which needs oxygen to continue... when you see there is no oxygen, things change (Nouriel Roubini Quotes) I’m not a pessimist by nature. I’m not someone who sees things in a bleak way (Nouriel Roubini Quotes) All 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 Quotes) The gains from technology must be channeled to a broader base of the population than has benefited so far (Nouriel Roubini Quotes) I think investing in a good education has been key for me, although the investment was more in time than money (Nouriel Roubini Quotes) A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms (Nouriel Roubini Quotes)