On with Kara Swisher The Economy Stinks, and Dr. Doom is Not Hopeful
11 snips
Oct 24, 2022 
Nouriel Roubini, known as "Dr. Doom," is an NYU professor and hedge fund consultant famed for predicting the 2008 financial crisis. He discusses his new book, highlighting dire forecasts of a stagflationary debt crisis and the flaws of cryptocurrency, which he likens to primitive technology. He also analyzes the rising tensions between the US and China under Xi Jinping's leadership and explores the precarious global economy influenced by ongoing crises. In addition, the conversation touches on the challenges facing women in high-ranking tech positions.
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Roubini on Musk
- Nouriel Roubini called Elon Musk a bully for his market manipulation of Dogecoin and Bitcoin prices.
- Roubini believes Musk's actions warrant SEC investigation.
Crypto Criticism
- Roubini criticizes cryptocurrencies, arguing they are neither currencies nor assets.
- He claims even the Flintstones had a more sophisticated monetary system.
Musk's Taiwan Stance
- Nouriel Roubini believes Elon Musk's stance on Taiwan is motivated by self-interest, aiming to protect Tesla's factory in Shanghai.
- He accuses Musk of appeasing China to safeguard his business interests.
