Many economists are scoffing at the potential for hyperinflation here in the United States as housing price declines, unemployment and auto sector weakness dominate the headlines. I don’t know if scoffing is the best idea right about now. I have frequently been discussing the possibility of hyperinflation both with clients and here on TRB. Earlier this month, I…
Dr. Doom
Roubini and Faber Out-Doom Each Other
Today, Nouriel Roubini tossed out another tasty treat for his bear worshippers on Bloomberg: “My main scenario is that it’s highly likely it goes to 600 or below (S&P 500)…Even if you do everything right with fiscal and monetary policy, we’re still going to be in a recession through the end of this year and…
