Page 2 - Dr Doom News Today

"Dr. Doom" Nouriel Roubini said a "good chunk of the US banking system" will face a serious credit crunch that'll likely trigger a recession.

"Dr. Doom" says the Fed's rate hikes, along with mountains of debt, will lead to an eventual financial crash.

Nouriel Roubini is rooting for the demise of the cryptocurrency industry again. This time he's hoping regulators will help stamp it out.

Deutsche Bank is the latest to spark concern, and it follows the recent collapses of Silvergate, Silicon Valley Bank, Signature and Credit Suisse.

Insider's Phil Rosen breaks down how a key bond-market indicator is saying that a downturn is all but certain this year.

"It's not clear that, unlike the United States, the [Swiss] federal system has enough resources to engineer a bailout," Roubini told Bloomberg TV.

Renowned economist Nouriel "Dr. Doom" Roubini warned the public that a "perfect storm" of recession, debt crisis and out-of-control inflation could hit the markets this year. [...]

A credit crunch caused by a spike in repayment costs could fuel "the mother of all economic crises," 'Dr Doom' economist Nouriel Roubini warned last week.

The economist known as "Dr Doom" warned that the Federal Reserve will struggle to avoid a "hard landing" economic scenario in its battle to tame inflation.

Stocks could nosedive and remain depressed for years if inflation remains high and interest rates don't come down, Roubini said.