Markets

‘Dr. Doom’ economist Nouriel Roubini trashes Bitcoin for being heavily manipulated — and blames retail investor FOMO for its recent pump-and-dump

Nouriel Roubini, known as “Dr. Doom” for his bearish views, slammed Bitcoin for being heavily manipulated and blamed retail-investor FOMO for this week’s boom and bust on Twitter on Thursday. Roubini tweeted the digital token has no role to play in the portfolios of retail or institutional investors because it […]
‘Dr. Doom’ economist Nouriel Roubini trashes Bitcoin for being heavily manipulated — and blames retail investor FOMO for its recent pump-and-dump
Markets

‘Everybody needs $1,000 or we’ll end up in the Great Depression’: ‘Dr. Doom’ economist calls for huge fiscal stimulus to stop a historic recession

Coronavirus will plunge the US economy into its worst recession since the 1930s unless the Trump administration gives $US1,000 to every American adult, Nouriel Roubini told Yahoo Finance on Tuesday. “Everybody needs $US1,000 or we’ll end up in the Great Depression,” the economist nicknamed “Dr. Doom” said. Roubini predicted a […]
‘Everybody needs $1,000 or we’ll end up in the Great Depression’: ‘Dr. Doom’ economist calls for huge fiscal stimulus to stop a historic recession