Monday, September 28, 2015

Robert Shiller bumped off flight due to overbooking

United Airlines is a bunch of idiots: they kicked out Nobel Prize Robert Shiller out of plane to the Aspen conference because of "overbooking".

Airlines provide lousy/rude service, treat passengers like cattle, overbook massively and overcharge as consolidation led to near monopoly.

via twitter

Monday, September 21, 2015

Greece was not ready to join EU | Flashback

5 Years ago Nouriel Roubini predicted that Greece debt was unsustainable and was not ready to join the EU. Watch the video to see his full commentary.

Monday, September 14, 2015

Bloomberg Tweet @Nouriel

Tuesday, September 8, 2015

China not in trouble


The slowdown in China is neither a hard landing or a soft landing, it's a bumpy landing. It could be better managed but growth is not likely to be worse than 6.5% this year and 6% next year. 

China is not in free fall.

US Fed rate hike

The US Federal Reserve should wait and see if it is a temporary storm, and not a gathering storm.

It may have to wait until May 2016 to raise rates, and the Bank of England may have to wait until the spring of next year.