Roubini on how to save the world from economic collapse

The UAE is following the advice of Professor Nouriel Roubini is guaranteeing all bank deposits. But more needs to be done if the world is to avoid an economic collapse. In this video he explains what needs to be done. However, the economic consequences of these actions are not being properly considered as everything has to be done in great haste. I agree with Jim Rogers that an ‘inflationary holocaust’ will follow this incredibly rapid increase in the global money supply. It is also going to break the US T-bond market and send the dollar into a tailspin.

Professor Roubini understood the outlook facing the world economy brilliantly when he addressed the DIFC Week in Dubai last autumn – and Jim Rogers has been consistently right about commodity prices this century. Following the leaders who have shown a track record of successful predictions against the general consensus seems a good idea – there is not enough time for personal research.