Difference between revisions of "Nouriel Roubini"

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''To read the full article on Nouriel Roubini, click on [[File:Marketswiki.gif|25px|link=http://www.marketswiki.com/wiki/Nouriel_Roubini]] to open a new tab with MarketsWiki.''
 
''To read the full article on Nouriel Roubini, click on [[File:Marketswiki.gif|25px|link=http://www.marketswiki.com/wiki/Nouriel_Roubini]] to open a new tab with MarketsWiki.''
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== Cryptocurrency ==
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Roubini has long been an outspoken critic of [[cryptocurrency]] and [[blockchain]] technology. In October 2018, Roubini called cryptocurrency "the mother or father of all scams and bubbles" while testifying at a congressional hearing on Capitol Hill. He said that everyone he knew that was actively involved in cryptocurrency trading was "financially illiterate," and "could not tell the difference between [http://www.marketswiki.com/wiki/Stocks stocks] and [http://www.marketswiki.com/wiki/Bonds bonds]."<ref>{{cite web|url=https://www.cnbc.com/2018/10/11/roubini-bitcoin-is-mother-of-all-scams.html|name=Bitcoin is the 'mother of all scams' and blockchain is most hyped tech ever, Roubini tells Congress|org=CNBC|date=April 8, 2019}}</ref> The same month, Roubini accused [[Vitalik Buterin]] and [[Ethereum]] co-founder [[Joseph Lubin]] of instigating "the criminal pre-[[mining]] sale/scam that created Ether" over Twitter. He said the two "stole 75 percent of the Ether supply and became instant 'billionaires' of fake wealth." Buterin responded over Twitter by saying he "never personally held more than 0.9 percent of all ETH" in circulation, and that his net worth "never came close to $1 billion." He also said that there are "no criminal laws against pre-mining."<ref>{{cite web|url=https://www.bloomberg.com/news/articles/2018-10-11/ether-creator-claims-he-s-no-billionaire-in-twitter-crypto-fight?srnd=technology-vp|name=Ether Creator Claims He's No Billionaire in Twitter Crypto Fight|org=Bloomberg|Date=April 8, 2019}}</ref> A story published by Forbes in February 2018 estimated Buterin's net worth at $400-$500 million.<ref>{{cite web|url=https://www.forbes.com/richest-in-cryptocurrency/#4b0f1cf61d49|name=The Richest People In Cryptocurrency|org=Forbes|Date=April 8, 2019}}</ref>
  
 
== References ==
 
== References ==

Revision as of 18:20, 8 April 2019

Nouriel Roubini
Nouriel roubini.jpg
Occupation Professor of Economics
Employer New York University
Location New York, New York
Twitter @Nouriel
Website Nouriel Roubini.com

Nouriel Roubini is a professor of Economics at the Stern School of Business at New York University and an economic consultant who has been nicknamed "Dr. Doom" because of his dire economic predictions. He is also the co-founder and chairman of the firm Roubini Global Economics. He is widely credited with predicting the popping of the U.S. housing bubble and resultant economic collapse that began in 2007.

Roubini has predicted that U.S. financial losses will more than triple to $3.6 trillion and has advocated nationalizing U.S. banks, saying that most of them are insolvent. He has also called for an overhaul of the international bank regulatory framework.

Full page on MarketsWiki

To read the full article on Nouriel Roubini, click on Marketswiki.gif to open a new tab with MarketsWiki.

Cryptocurrency

Roubini has long been an outspoken critic of cryptocurrency and blockchain technology. In October 2018, Roubini called cryptocurrency "the mother or father of all scams and bubbles" while testifying at a congressional hearing on Capitol Hill. He said that everyone he knew that was actively involved in cryptocurrency trading was "financially illiterate," and "could not tell the difference between stocks and bonds."[1] The same month, Roubini accused Vitalik Buterin and Ethereum co-founder Joseph Lubin of instigating "the criminal pre-mining sale/scam that created Ether" over Twitter. He said the two "stole 75 percent of the Ether supply and became instant 'billionaires' of fake wealth." Buterin responded over Twitter by saying he "never personally held more than 0.9 percent of all ETH" in circulation, and that his net worth "never came close to $1 billion." He also said that there are "no criminal laws against pre-mining."[2] A story published by Forbes in February 2018 estimated Buterin's net worth at $400-$500 million.[3]

References