Nouriel Roubini Quotes - Page 2

• The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the US taxpayer. And the plan does nothing to resolve the severe stress in money markets and interbank markets that are now close to a systemic meltdown.

  Nouriel Roubini

  Stress, Littles, Bankers

  "Not so much bail-out as rip-off". www.theguardian.com. September 29, 2008.

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• In an extreme credit crunch, leveraged purchases of gold cause forced sales, because any price correction triggers margin calls. As a result, gold can be very volatile - upward and downward - at the peak of a crisis.

  Nouriel Roubini

  Gold, Credit, Causes

  "Gold prices are heading towards $1,000" by Nouriel Roubini, www.theguardian.com. June 3, 2013.

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• I am just a normal human being - I am alive! Why is anyone surprised that I am human? Like many New Yorkers, I have a multifaceted life.

  Nouriel Roubini

  Alive, Normal, Humans

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• If you worry about financial Armageddon, it is indeed metaphorically the time to stock your bunker with guns, ammunition, canned food and gold bars.

  Nouriel Roubini

  Gun, Worry, Gold

  "Gold prices are heading towards $1,000" by Nouriel Roubini, www.theguardian.com. June 03, 2013.

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