Who is Nouriel Roubini, <\/strong>and why should you care about what he says? First his credentials: He is the cofounder and chairman of Roubini Global Economics<\/a>, an independent, global macroeconomic and market strategy research firm. He holds a doctorate in economics from Harvard University, has been on the faculty of Yale University, and is currently a professor of economics at New York University\u2019s Stern School of Business. He has been an advisor to President Clinton, Treasury Secretary Timothy Geithner, and the IMF.<\/p>\n From Cassandra to sage<\/strong><\/p>\n In 2005, he predicted that home prices were riding a speculative wave that would soon sink the economy. Wall Street scoffed, and called him \u201cDr. Doom\u201d and \u201cpermabear.\u201d In September 2006, he warned the IMF that the United States was likely to face a huge housing bust, an oil shock, sharply declining consumer confidence, and, ultimately, a deep recession. In a few short years, his once seemingly overly negative, doomsday predictions have been matched, if not exceeded, by reality. Which is why I think it’s important to listen to Roubini when he has something to say about the economy.<\/p>\n