March 28, 2023
From: The Backside Line

Economist Nouriel Roubini paints a bleak future for a world going through ‘megathreats’ – together with world financial meltdowns.

In a world confronted with threats and challenges, many cynical politicians would reasonably kick the can down the street – and win votes – than make the robust selections wanted now.

On the identical time, billions of individuals would fortunately commerce globalization for his or her outdated lifestyle, with nations embracing a “me first” angle and eschewing inter-country cooperation and compromising for the collective good – even in coping with pandemics and pure disasters.

Economist Nouriel Roubini, nicknamed “Dr Doom” for predicting the 2008 crash of the US economic system years earlier than it occurred, tells host Steve Clemons how a US “debt lure”, synthetic intelligence and deglobalisation are a part of the awful future that awaits humanity throughout the subsequent 20 years.

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