Debt ceiling: Roubini says markets will crash if deal not made fortune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fortune.com Daily Mail and Mail on Sunday newspapers.
Economist Nouriel Roubini, who goes by the nickname 'Doctor Doom' by Wall Street, said that as the credit crunch intensifies in the system, there will be a recession in the US economy.
Nouriel "Dr. Doom" Roubini is warning that the U.S. banking crisis could spread and cause the economy to experience a hard landing and enter a recession.