A new world order, climate crisis, the debt crisis or crumbling democracies: Nouriel Roubini sees ten threats coming our way.
Among the many iterations in Nouriel Roubini’s new book, one episode stands out that once helped establish his fame. The American economist had just warned of the bursting of the real estate bubble and an economic crash (which came in 2008) at a conference in Las Vegas in 2006, when the moderator said goodbye to him mockingly: “I think we all need a schnapps first.”
Who reads “Megathreats”, Roubini’s new work about “ten threats of our time”, will not get by with a schnapps. He’s going to need a whole liquor bottle.
After all, these are ten very grim mega-threats whose arrival “will throw our lives and the world order off course in a way that none of us have ever experienced,” writes Roubini: “We are standing on the edge of a cliff, and the The ground beneath our feet is giving way.”
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