Photo by World Economic Forum, courtesy Wikimedia Commons
Nouriel Roubini gained the nickname “Dr. Doom” when he predicted the worldwide economic collapse of 2008 with great accuracy, two years in advance. Born in Istanbul, Roubini grew up in Israel and Italy before immigrating to the U.S. and earning his doctorate degree from Harvard University. When he first warned—as a relatively unknown economist in 2006—that the housing bubble was primed to burst, his prediction was considered absurdly pessimistic. New York magazine labeled his commentary “one extreme view.” After the economic crash proved his judgement correct, he co-wrote the highly lauded book Crisis Economics: A Crash Course in the Future of Finance, which examines the causes and consequences and proposes changes to prevent future crashes. Now a popular speaker, Roubini appears on talk shows, teaches at New York University, and serves as chairman of his consulting firm, Roubini Global Economics.