Roubini still sees multi year recession, China going down

[youtube=http://www.youtube.com/watch?gl=GB&v=a5102wsJY94]Dr Doom aka Nouriel Roubini thinks a global financial meltdown has been averted but nonetheless sees a multi year recession. He got the entry to recession right so people pay far more attention than they used to in the past. Now he is far more skeptical about Chinese economic strength than other commentators. Bond markets will be OK for the moment although cash is king. Commodity prices will fall.