Megathreats by Nouriel Roubini

Megathreats by Nouriel Roubini

"Read and pay attention" (Martin Wolf, the Financial Times): the bestselling author of Crisis Economics argues we are heading toward the worst economic catastrophe of our lifetimes, unless we can defend against ten terrifying threats.



Renowned economist Nouriel Roubini was nicknamed "Dr. Doom," until his prediction of the 2008 housing crisis and Great Recession came true--when it was too late. Now he is back with a much scarier prediction, one that we ignore at our peril. There are no fewer than ten overlapping, interconnected threats that are so serious, he calls them Megathreats. From the worst debt crisis the world has ever seen, to governments pumping out too much money, to borders that are blocked to workers and to many shipments of goods, to the rise of a new superpower competition between China and the U.S., to climate change that strikes directly at our most populated cities, we are facing not one, not two, but ten causes of disaster. There is a slight chance we can avoid them, if we come to our senses--but we must act now.

 

In the 1970s, the U.S. faced stagflation: high rates of inflation combined with stagnant employment and growth. Today, we are heading toward a Great Stagflation that will make the 1970s look like a walk in the park.

Nouriel Roubini is an economist from the United States. He is the chairman of Roubini Global Economics, an economic consulting firm, and teaches at New York University's Stern School of Business. Brad Setser is an economist and former blogger from the United States. He worked at Roubini Global Economics Monitor with Nouriel Roubini, and was a former staff economist at the US Department of the Treasury. Setser became a fellow at the Council on Foreign Relations after leaving the RGE Monitor, where he was the author of the popular economics blog Track the Money exposing global economic imbalances, among other things.

He began working at the National Economic Council in 2009. He became the Deputy Assistant Secretary for Foreign Economic Analysis at the United States Department of the Treasury in 2011.

SKU	Unavailable
ISBN 13	9780316284059
ISBN 10	031628405X
Title	Megathreats
Author	Nouriel Roubini
Condition	Unavailable
Binding Type	Hardback
Publisher	Little Brown and Company
Year published	2022-10-18
Number of pages	320
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.