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nouriel roubini
Nouriel Roubini.

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  • "Dr. Doom" economist Nouriel Roubini said a sure-fire credit crunch will tip the US into recession. 
  • "That credit crunch is going to make the likelihood of a recession, a hard landing, much greater than before," he said. 
  • Higher interest rates to combat inflation, still above the Fed's target, will also be a drag, he added. 

The US is heading for a credit crunch that'll tip the economy into recession, according to "Dr Doom" economist Nouriel Roubini. 

The New York University professor warned the turmoil hitting the US banking sector is only going to get worse, speaking in a Fox Business interview Monday.

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Markets, MI Exclusive, Stocks, Recession, Nouriel Roubini, Dr. Doom Nouriel Roubini, Dr Doom, U.S. economy, Regional Banks, US Regional Banks, Credit Crunch, Fed, fed inflation, Interest Rates, interest rate increase
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A credit crunch is coming for the US that'll tip the economy into recession, 'D…