Tech Insider
Mohamed El-Erian
Mohamed El-Erian, CEO of PIMCO, speaks during a media briefing in central Sydney February 8, 2010
Tech Insider : Economy
  • 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".

Tech Insider
Copper
A worker ties copper wire rods before loading them onto a truck at the workshop of a company on January 29, 2023 in Huai'an, Jiangsu Province of China.