- Nouriel Roubini says the economy is headed for a "doom loop".
- That's due to three stressors in the economy, which will leave the Fed unable to fight a recession.
- Roubini, who called the 2008 downturn, has long warned of imminent financial chaos.
Nouriel Roubini has more dire words of warning for the economy.
"Dr. Doom" warned in a column this week that the US face a major financial crisis and the economy is entering what he calls a "doom loop".
In an op-ed for Project Syndicate on Thursday, Roubini forecasted a coming cycle of economic pain, as the US struggling under both high inflation and high debt burdens. Those issues perpetuate each other, he said, warning of a recession and impending financial crisis that would only get worse the longer it dragged on.