According to a well-known economist, a market crash is absolutely inevitable for a simple reason

Dr. DOOM has been mentioned here a lot lately. This is mainly because he is one of the most vocal critics of the Fed's current actions. The situation is changing very dynamically and Roubini once again comes up with a new reason why we should expect problems.

ROubini thinks the Fed has lit the fuse

Who is Nouriel Roubini - Dr. DOOM?

Nouriel Roubini is an American economist and professor at New York University who became best known for his predictions of the 2008 global financial crisis. Roubini was born in 1958 in Istanbul, Turkey and grew up in Italy. He earned a PhD in economics from Harvard in 1982 and then worked as an economic adviser at the International Monetary Fund and as a professor at Yale.

In 2005, Roubini became known for his warnings about the impending global financial crisis and the 2008 market crash. His predictions were criticized by many economists, but ultimately proved accurate and Roubini became known as "Dr. Doom" for his pessimistic predictions for the global…

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