People should look for distress everywhere. It's harder to predict where it's going to show up. There are these forces pushing against the globalization trend that we've had previously, but there's a lot of integration in the world. I think the peak of globalization was achieved right before the global financial crisis.
Co-host Michael Chui talks with Nouriel Roubini. Roubini is professor emeritus of economics at the Stern School of Business at New York University, and CEO of Roubini Macro Associates, a global macroeconomics consultancy. He covers topics including the following:
- The “mother of all” debt crises and what to do about it
- Likely future trends in the global balance sheet—the world’s economic health and wealth
- The trajectory of globalization
- Which “megathreat” worries him most
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