Nouriel Roubini: Megathreats
In the 1970s, the United States faced stagflation: high rates of inflation combined with stagnant employment and growth. Global economist Nouriel Roubini predicts we are heading toward another Great Stagflation that will be difficult to recover from.
Is it too late to avoid this economic catastrophe? Financial and geopolitical certainties that we once took for granted have disappeared, and Roubini says we are now facing a period of severe instability, conflict and chaos. He offers a sobering analysis of 10 "megathreats" that are interconnected, immense in scale, and bearing down on us.
Hear more as Roubini predicts what is likely to unfold if we don’t reverse course and act now.
Photo courtesy the speaker.
The Commonwealth Club of California
Professor of Economics, New York University’s Stern School of Business; Author, MegaThreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them; Twitter @Nouriel
In Conversation with Barry Eichengreen
George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California, Berkeley