A 'Great Stagflationary Debt Crisis'?
In his recent book Megathreats, economist Nouriel Roubini, nicknamed ‘Dr Doom’ for his correct forecast of the 2008 global financial crisis, has again come up with some dire predictions about the global economy in the not-too-distant future. This time, he foresees a ‘Great Stagflationary Debt Crisis’ due to some interconnected ‘megathreats’ looming over the global economy.