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Roubini: US Can't Afford Another Financial Crisis

Complete video at: http://fora.tv/series/92y_business_finance NYU economics professor Nouriel Roubini warns the United States economy can't handle another financial crisis, which he says is avoidable with the right regulations in place. "The last three U.S. recessions have been caused by asset bubbles going wrong," says Roubini. "There is a pattern here." ----- Experience talks, conversations and readings from the 92nd Street Y's vast archive, featuring Nobel Laureates and world leaders, giants of literature and science, legendary entertainers and artists, and the fascinating people who have graced the Y's stage over the last 75 years. Nouriel Roubini, a professor of economics at New York University's Stern School of Business, has now written a myth-shattering book about the methods he used to foretell the crisis before other economists saw it coming, entitled Crisis Eco-nomics: A Crash Course in the Future of Finance. Nouriel Roubini served in the White House and the United States Treasury Department. He is the founder and chairman of RGE Monitor, an economic and financial consulting firm, and is an advisor of central bankers around the world. He was named one of the Top 100 Public Intellectuals in the world in 2008 by Foreign Policy magazine, and Fortune magazine has singled him out as one of the market experts who predicted this severe financial crisis.
Length: 02:48

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