The financial crisis would have happened even if Lehman Brothers was bailed out, Nouriel Roubini, chairman of RGE Monitor, told CNBC. In the video clip below, he discusses the anniversary of the firm’s collapse and the state of global financial markets.

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Source: CNBC, September 14, 2009.

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The two “Dr Dooms” - Marc Faber, editor of the Gloom, Boom and Doom Report, and Nouriel Roubini, professor of economics at the Stern School of Business, New York University and chairman of RGE Monitor - discuss the outlook for the economy and financial markets.

As always with these two commentators, they provide a stimulating discussion that is well worth watching.

Source: CNBC (via YouTube.com), August 12, 2009.

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The following is a statement from Dr. Nouriel Roubini, chairman of RGE Monitor and professor at New York University’s Stern School of Business, on the US economic outlook:

“It has been widely reported today [Thursday] that I have stated that the recession will be over ‘this year’ and that I have ‘improved’ my economic outlook. Despite those reports - however - my views expressed today are no different than the views I have expressed previously. If anything my views were taken out of context.

“I have said on numerous occasions that the recession would last roughly 24 months. Therefore, we are 19 months into that recession. If as I predicted the recession is over by year end, it will have lasted 24 months with a recovery only beginning in 2010. Simply put I am not forecasting economic growth

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As to be expected, discussions about the stress tests on the health of the 19 biggest US banks dominated the video airwaves during the past few days, with arguments ranging from whether the tests were necessary to whether they were stressful enough.

For the rest, Warren Buffett held his annual Berkshire shareholders’ jamboree - this year sharing both concern and optimism about the future. And as the nascent stock market rally is looking more tired by the day, the debate intensified on whether this was a “real rally”.

In addition to Buffett and the usual suspects of Tim Geithner and Ben Bernanke, commentators featured on camera in this post include Richard Bernstein, Bill Fleckenstein, Nouriel Roubini, Neel Kashkari, Alan Blinder, Russell Napier, Robin Griffiths and Meb Faber.

The selection kicks off with an item in lighter vein - a song entitled

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While the stock market indices are floundering with multi-year lows, “nationalization” was the key word spooking investor sentiment during the past few days.

Also on the video front, “hot-under-the-collar” discussions, featuring James Galbraith, Sheila Bair, Marc Gaber, Nouriel Roubini, Nassim Taleb and Richard Bove, took place on whether or not to nationalize large US banks.

David Reilly (Bloomberg) added the following perspective: “The nationalization debate is a smoke screen. We’ve already nationalized the big banks. Let’s just accept it and move on”. From across the pond, David Fuller said: “Politically … this is a case of [even more] damned if you do [than] damned if you don’t.”

In lighter vein, this week’s compilation

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While on the road in Europe, I am posting a thought-provoking video featuring Nouriel Roubini, professor of economics at New York University and chairman of RGE Monitor, and Nassim Taleb, author of The Black Swan. The discussion deals with how to predict a financial crisis and the five signs of a bear. They also convey important knowledge on how to cope with the crisis, both on a structural and personal level.

Click here or on the image below to view the video

Source: CNBC, February 9, 2009.

Well it's pretty clear to me at least that there is now one, and only one, major and outsanding topic towering head and shoulders above all those other pressing and important problems those of us following the EU economies currently find lying in our macro-policy in-trays: the issue of wage cuts. Not since the 1930s has the possibility of such a generalised reduction in wages and living standards loomed out there before policymakers, and doubly so if we now hit - as I fear we may well for reasons to be explained at the end of this post - systematic price deflation in a number of core European economies. br /br /The issue that has suddenly and even violently erupted onto the European macro horizon over the last week (as if we didn't already have sufficient problems to be getting on with) is, quite simply, how, if they either ...

Nouriel Roubini, professor at Stern School of Business at New York University and chairman of RGE Monitor, is renowned for having foreseen the current economic malaise a number of years ago. He was scorned at the time by mainstream economists for being a crank, but the same people are now lauding him for his foresight and paying top price for the consulting services of Roubini Global Economics.

Aline van Duyn, US Markets Editor of the Financial Times, has just conducted a three-part video interview with Roubini on topics ranging from the likely duration of the recession to regulation, the demise of more hedge funds and the outlook for stocks, commodities, currencies and bonds.

In Part 1 of the interview, Roubini expects 2009 to be a

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In the energy market Monday, crude for November delivery tanked, closing at $87.81/barrel, down $6.07. November reformulated gasoline fell 16.9 cents, to $2.0591/gallon. Crude’s close was its lowest in 8 months, as the bears solidified control on fears the recession will be deep and global.

Nouriel Roubini, professor at New York University and chairman of RGE Monitor, is renowned for his bearish stance on the US economy and stock markets. Aline van Duyn, US Markets Editor of the Financial Times, has just conducted a three-part video interview with Roubini on a variety of topical issues.

In Part 1 Roubini shares his pessimistic outlook for the US economy. He does not expect a short and shallow recession, but believes it will last 12 to 18 months. He expects the housing recession to get worse; a contraction of consumption; and problems in the financial system well beyond sub-prime mortgages, into residential mortgages, commercial real estate, consumer credit, leveraged loans, corporate bonds and municipal bonds.

Click here or on the image below for Part

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