Decade of depression coming: Market crash expert 'Dr. Doom' Roubini - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

A market-crash expert known as 'Dr. Doom' warns a 10-year depression is coming — and says investors are far too confident about a possible recovery

, he's warning of a prolonged economic depression spanning the next decade.Bloomberg Invest Global

"There's going to be a painful process of deleveraging, both by the corporate sector and the household sector," he said. "They have to be spending less, saving more, and doing less investment, capex, or residential investment." "I see the recovery being strong all in the third quarter, and then fizzling out by the forth quarter, and then becoming very anemic by next year," he said. "Most firms are highly leveraged. They have to survive and thrive by cutting costs and saving more."bankruptcies"So many firms right now are either bankrupt or on the verge of bankruptcy," he said. "They have to take action to try and survive.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

OldTakesExposed ✍️

Harizyunus8 jangan like benda pelik pelik. Aku tengah bullish

Well they don’t call him Dr. Doom for nothing

Dr Doom 😭😭😭

Dr who?🤣🤣🤣

Democrats must be planning to get richer along with George Soros.

Ok and

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Experts weigh in on what's next for buy now, pay later - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

European experts are alarmed by the US' botched response to to the coronavirus crisis - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. But according to POTUS and VP, they've done an excellent job It’s been nothing short of a chaotic disaster. Americans have proven they are too selfish to wear a mask to kroger, you damn sure don’t want to risk allowing them into Europe. Yea, well, the US is also alarmed. And furious! 😡
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Stock market outlook: Nassim Taleb warns bonds won't protect investors - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. nntaleb Are you working from Beirut?
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

7 ETFs to buy, stock-market outlook for pandemic reset: State Street - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Mohamed El-Erian says he is avoiding stock market uncertainty: CNBC - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. new clique for Mohamed really? Makes no sense.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Stock market news: Coronavirus case surge and IMF data spooks traders - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »