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August 17, 2008 at 21:51:23

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Dr. Doom(Dr. Nouriel Roubini)–The Prophet of Economic Disaster was right!

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By Joe Russo (about the author)     Page 2 of 2 page(s)

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We are now in “economic full reverse” with the consumers now suffering through bank failures, vaporizing pensions, destroyed credit histories, devastated family conditions and the worst case imaginable, people committing suicide over foreclosed properties.  

I don’t think either Barack Obama or John McCain will be able to figure this one out, but I guarantee there will be a lot of blame to go around, before, during and after the election.  If I were them, I would pass on the nomination and recommend they suggest someone they really hate for the job.  

Maybe someone should call in Dr. Nouriel Roubini and Joseph Russo as nominees, they each had a different approach, but came to the exact same conclusion and both were correct. That would make a unique “ticket”, two non-politicians, with good instincts, one with charts and the other with a cell phone to steer us out of harms way; sort of like the first compass used in the Chinese Qin Dynasty. Joseph’s cell phone even has GPS capability.

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www.ConsumerFinancialFacts.org

Joseph Russo is an Author, Real Estate and Credit Expert, an Author/Journalist - Television & Radio Show Commentator and Professional Speaker as well as a Radio Show host and host of a NC cable TV show series, "Financial Self Defense" Joseph (more...)
 

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Book Recommendations for "Bank Failure Ben Bernanke"
Non-monetary effects of the financial crisis in the propagation of the great depression (NBER working paper series)
by Ben S Bernanke


Number of pages: 54
Publisher: National Bureau of Economic Research

View All Book Recommendations

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Now what? by nightgaunt on Monday, Aug 18, 2008 at 3:50:20 PM
Congratulations, Joseph! by David Griscom on Monday, Aug 18, 2008 at 7:12:54 PM
France by David Rubinson on Tuesday, Aug 19, 2008 at 2:12:00 PM
In Ponzi you need lots of fools by TomK on Tuesday, Aug 19, 2008 at 12:34:43 AM

 
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