30 Facts About Nouriel Roubini

Nouriel Roubini is a Turkish-born Iranian-American economic consultant, economist, and writer.

Nouriel Roubini is a Professor Emeritus since 2021 at the Stern School of Business of New York University.

Nouriel Roubini was born in Istanbul, Turkey, to Iranian Orthodox Jewish parents.

When he was young, Nouriel Roubini was expected to go into the rug business himself, and follow in his father's footsteps.

For much of the 1990s, Nouriel Roubini taught at Yale and then in New York, while working for stints at the International Monetary Fund, and World Bank.

Nouriel Roubini worked from July 1999 to October 1999 at the Treasury Department as a senior adviser to Timothy Geithner, and from October 1999 to June 2020 as Director of its Office of Policy Development and Review.

Nouriel Roubini returned to the IMF for July through August 2001 as a visiting scholar.

Nouriel Roubini's predictions earned him the nicknames "Dr Doom" and "permabear" in the media.

Nouriel Roubini's calls, after his initial pronouncement, were consistently wrong.

In January 2009, Nouriel Roubini predicted that oil prices would stay below $40 for all of 2009.

In 2012, Nouriel Roubini predicted that Greece would be ejected from the Eurozone, but that did not happen.

In 2013 Nouriel Roubini was awarded by Global Thinkers Forum its annual Award for Excellence in Global Thinking.

Nouriel Roubini used an intuitive, historical approach backed up by a study of theoretical models and came to the conclusion that a common denominator was the large current account deficits financed by loans from abroad.

Nouriel Roubini theorized that the US might be the next to suffer, and in 2004 began writing about a possible future collapse.

In 2005 after Hurricane Katrina hit the US, Nouriel Roubini predicted that an economic disaster was imminent; however, the next two years instead saw an increase in financial activity.

Nouriel Roubini expected the full recession to last 24 or 36 months, and believed in the possibility of an "L-shaped" slow recovery that Japan went through in the Lost Decade.

Nouriel Roubini said in September 2008, "we have a subprime financial system, not a subprime mortgage market".

Nouriel Roubini's pessimism is focused on the short-run rather than the medium or long-run.

Nouriel Roubini still predicted that it was a risky bet, saying that it would take "another Armageddon" to make the price of gold rise again.

Nouriel Roubini met officials in China during spring 2009, and said that many Chinese commentators blamed American "overborrowing and excess" for dragging them into a recession.

In July 2012, Nouriel Roubini predicted a global "perfect storm" in 2013, with economies all over the world slowing down or completely halting.

Nouriel Roubini pointed to an improving European economy and stronger euro, steadying of the economy in Japan, and a marked improvement in the United States.

Nouriel Roubini praised the Federal Reserve for its unconventional monetary policy, which he forecast would last for a few more years, supporting equity markets.

At the start of 2017, Nouriel Roubini speculated that the election of Donald Trump as president might portend a geopolitical shift away from globalization and toward isolationism, which he felt could lead to global instability and rising military conflicts among other countries.

Nouriel Roubini attacked cryptocurrency in remarks to a US Senate Banking Committee in 2018.

Nouriel Roubini is a frequent critic of cryptocurrencies such as Bitcoin.

Nouriel Roubini formed Roubini Global Economics, a small economic consultancy for financial analysis.

Nouriel Roubini speaks English, Persian, Italian, Hebrew, and conversational French.

Nouriel Roubini is identified as a Democrat in his profile on Wall Street Economists.

Nouriel Roubini announced on Twitter in early 2014 his new practice of Transcendental Meditation.