Nouriel Roubini Quotes

Nouriel Roubini
Nouriel Roubini
American Economist
Born: Mar 29, 1958
Financial Important People Risks Think You
Related authors: Alan Greenspan Herbert A. Simon John Kenneth Galbraith Milton Friedman Paul A. Volcker Richard Thaler Robert Reich Thomas Sowell
For me, geopolitical issues are becoming more important, because how can you understand economy if you don't understand geopolitics? People think economists just deal with spreadsheets and charts. That's a narrow-minded caricature. Nouriel Roubini
Me You People Important Think Caricature More Charts Economists Economy Because Deal Understand Becoming How Narrow-Minded Geopolitical Issues Just
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
Result Cause Extreme Correction Crisis Purchases Triggers Volatile Price Crunch Forced Calls Because Sales Very Any Gold Upward Credit Peak Downward Margin
Celebrity has become a burden. There are more demands on your time. People think it is glamorous to fly places. But it is not - even if you travel business class and stay in wonderful hotels, you end 10,000 miles away from home. Nouriel Roubini
Time Home You Travel Class Business People Wonderful Burden Fly Become Think Stay More Glamorous Hotels Demands Time People End Celebrity Places Your Miles Even Away
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
Time Food You Financial Worry Indeed Guns About Armageddon Stock Bunker Gold Canned Your Bars Ammunition
A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms. Nouriel Roubini
You Financial Wealth Value Three Pay Prices Goods Terms Nor Providing Account Currency May Gold Store Cannot Groceries Means Your Payment Unit Functions Serve Assets Services
What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics. Nouriel Roubini
Market Exuberance Bubbles Lead Failures Like Periods Understand Left Irrational Crashes Themselves Asset Things Two Need
I've nothing against Goldman Sachs. But Goldman Sachs isn't an investment bank. Goldman Sachs is a hedge fund. It's bigger than any hedge fund. It's more leveraged, to the power of three or five, than any hedge fund. Nouriel Roubini
Three Power Nothing More Investment Five Than Any Bank Bigger Goldman Sachs Against Hedge Fund
I'm a rock star among geeks, wonks, and nerds. Nouriel Roubini
Nerds Geeks Rock Rock Star Star Among
No country can be complacent in making sure that excessive debt of the household doesn't create excesses and weaknesses in the financial system. Everything is interconnected. Nouriel Roubini
Financial Country Complacent Everything System Financial System Weaknesses No Country Excess Excessive Household Sure Making Debt Interconnected Create
I believe investors should invest for the long run, so I don't buy and sell. I usually maintain the classic index of global equities, diversified U.S. and global and emerging markets, and when the risk is larger, I diminish the amount in global equities and put more into liquid assets - but very irregularly. Nouriel Roubini
Buy Long Believe Markets Diminish Run Classic Emerging Diversified Risk More Invest Long Run Put Investors Maintain Global Sell Very Liquid Should Larger Assets Amount
Among the social media - I've tried them all - Facebook is a bit of a game, but Twitter is a productivity tool. I use it regularly and I'm addicted to it. Nouriel Roubini
Game Facebook Social Media Twitter Addicted Tool Bit Tried Social Them Use Regularly Productivity Media Among
The trouble is that the average trader on Wall Street, he or she is so young, he doesn't even remember the recession of 2001, let alone the previous one. Nouriel Roubini
Alone Remember Trouble Young Recession Previous He He Or She She Trader Wall Wall Street Average Even Street

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