Nouriel Roubini

a crash course in the future of finance

Crisis economics

Ten Dangerous Trends That Imperil Our Future, and How to Survive Them

MegaThreats

Alberto Alesina

Gerald D. Cohen

Political Cycles and the Macroeconomy

'Roubini has surpassed even his high standards: the ten Megathreats he details are as scary as they are plausible. Forewarned is forearmed. Read and pay attention' Martin Wolf 'Roubini cuts to the real problems like a hot knife through butter with a clarity of mind that is rare among economists. I have never seen a more lucid and nuanced account of our financial condition. Not only will the reader be better off after reading this book, but the world will be a better place - Nassim Nicholas Taleb' We are heading towards the worst economic catastrophe of our lifetimes - unless we can defend against ten terrifying threats. World renowned economist Nouriel Roubini was nicknamed Dr. Doom until his warnings of the 2008 housing crisis and Great Financial Crisis came true - when it was too late. Now he's back with much scarier predictions, ones that we ignore at our peril. There are no fewer than ten overlapping, interconnected threats that are so serious Roubini describes them as megathreats - with each one potentially amplifying the others. From the worst debt crisis the world has ever seen, to governments pumping out too much money and causing inflation, to borders that are blocked to workers and many shipments of goods, to the rise of a new superpower competition between China and the US, to pandemics and climate change that strike directly at our most populated cities, to the threat to jobs coming from AI, we are facing not one, not two, but ten causes of disaster. Today, we are heading towards a Great Stagflation that will make the 1970s look moderate. There is a slight chance we can avoid it, if we come to our senses - but we must act now.

The Ten Trends that Imperil Our Future, and How to Survive Them

Megathreats

In this myth-busting book Nouriel Roubini shows that everything we think about economics is wrong. Financial crises are not unpredictable 'black swans', but an inherent part of capitalism. Only by remaking our financial systems to acknowledge this, can we get out of the mess we're in. Will there be another recession, and if so what shape? When will the next bubble occur? What can we do about it? Here Roubini gives the answers, and lists his commandments for the future.

A Crash Course in the Future of Finance

Crisis Economics

A Financial Times Economics Book of the Year A Times Business Book of the Year A Sunday Independent (Ireland) Book of the Year 'People who like horror films will love this book' Financial Times 'Forewarned is forearmed. Read and pay attention' Martin Wolf 'Not only will the reader be better off after reading this book, but the world will be a better place' Nassim Nicholas Taleb We are heading towards the worst economic catastrophe of our lifetimes - unless we can defend against ten terrifying threats. World renowned economist Nouriel Roubini was nicknamed Dr. Doom until his warnings of the 2008 housing crisis and Great Financial Crisis came true - when it was too late. Now he's back with much scarier predictions, ones that we ignore at our peril. There are no fewer than ten overlapping, interconnected threats that are so serious Roubini describes them as megathreats - with each one potentially amplifying the others. From the worst debt crisis the world has ever seen, to governments pumping out too much money and causing inflation, to borders that are blocked to workers and many shipments of goods, to the rise of a new superpower competition between China and the US, to pandemics and climate change that strike directly at our most populated cities, to the threat to jobs coming from AI, we are facing not one, not two, but ten causes of disaster. Today, we are heading towards a Great Stagflation that will make the 1970s look moderate. There is a slight chance we can avoid it, if we come to our senses - but we must act now.

The Ten Trends That Imperil Our Future, and How to Survive Them

Traditional Chinese edition of MegaThreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them

Megathreats: Ten Dangerous Trends That Imperil Our Future, and How to Survive Them

Stephen Mihm

This myth-shattering book reveals the methods Roubini used to foretell the current crisis before other economists saw it coming and shows how those methods can help to make sense of the present and prepare for the future.

This myth shattering book reveals the methods Nouriel Roubini used to foretell the current crisis before other economists saw it coming and shows how those methods can help us make sense of the present and prepare for the future. Renowned economist Nouriel Roubini electrified his profession and the larger financial community by predicting the current crisis well in advance of anyone else. Unlike most in his profession who treat economic disasters as freakish once-in-­a-lifetime events without clear cause, Roubini, after decades of careful research around the world, realized that they were both probable and predictable. Armed with an unconventional blend of historical analysis and global economics, Roubini has forced politicians, policy makers, investors, and market watchers to face a long-neglected truth: financial systems are inherently fragile and prone to collapse. Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a New York Times Magazine writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The last two decades alone have witnessed comparable crises in countries as diverse as Mexico, Thailand, Brazil, Pakistan, and Argentina. All of these crises-not to mention the more sweeping cataclysms such as the Great Depression-have much in common with the current downturn. Bringing lessons of earlier episodes to bear on our present predicament, Roubini and Mihm show how we can recognize and grapple with the inherent instability of the global financial system, understand its pressure points, learn from previous episodes of "irrational exuberance," pinpoint the course of global contagion, and plan for our immediate future. Perhaps most important, the authors-considering theories, statistics, and mathematical models with the skepticism that recent history warrants—explain how the world's economy can get out of the mess we're in, and stay out. In Roubini's shadow, economists and investors are increasingly realizing that they can no longer afford to consider crises the black swans of financial history. A vital and timeless book, Crisis Economics proves calamities to be not only predictable but also preventable and, with the right medicine, curable.

Nouriel Roubini

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