Friday, October 14, 2011

'There's a Huge Amount of Anger'

Nouriel Roubini and Ian Bremmer let fly on Occupy Wall Street, why the GOP's cynical economic strategy is designed to make things worse, and whether China wants to ride to the rescue.

Foreign Policy

With protesters occupying Wall Street and European voters deciding on whether to support the failing peripheral states, Foreign Policy went back to its two favorite economic and political prognosticators -- Nouriel Roubini and Ian Bremmer -- for another spirited debate on what the coming months hold.

The news isn't good. "There's a huge amount of anger," says Roubini, better known as Dr. Doom for having predicted the 2007-2008 financial crisis. He sees another recession coming; the only question being "whether it's going to be a plain-vanilla recession or one as severe as the last."

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