Roubini: Hate to say I told you so
Economic prophet-of-doom Nouriel Roubini seems to be feeling pretty smug these days, and who can blame him. Here’s part of an e-mail he sent in response to a question from Portfolio‘s Felix Salmon: Read my February 12 steps to a financial disaster paper. We are now as I predicted at step 12 Sorry if I ...
Economic prophet-of-doom Nouriel Roubini seems to be feeling pretty smug these days, and who can blame him. Here's part of an e-mail he sent in response to a question from Portfolio's Felix Salmon:
Read my February 12 steps to a financial disaster paper. We are now as I predicted at step 12
Sorry if I now say I told you so...
Feeling a little chastised for giving me so much s--t on your blog for the last year and siding persistently with those who missed the boat and said all wil be fine? Should I expect a public mea culpa?
It would be useful if you would publicly admit you got it totally wrong for the last year.
Salmon obliges.
Economic prophet-of-doom Nouriel Roubini seems to be feeling pretty smug these days, and who can blame him. Here’s part of an e-mail he sent in response to a question from Portfolio‘s Felix Salmon:
Read my February 12 steps to a financial disaster paper. We are now as I predicted at step 12
Sorry if I now say I told you so…
Feeling a little chastised for giving me so much s–t on your blog for the last year and siding persistently with those who missed the boat and said all wil be fine? Should I expect a public mea culpa?
It would be useful if you would publicly admit you got it totally wrong for the last year.
Salmon obliges.
For the record, no one can accuse FP of blowing off Roubini. The RGE Monitor chairman wrote a cover story on “The Coming Financial Pandemic” for our March/April issue and a Web exclusive on why “a financial meltdown is more likely than ever” exactly a year ago.
Joshua Keating was an associate editor at Foreign Policy. Twitter: @joshuakeating
More from Foreign Policy


What Putin Got Right
The Russian president got many things wrong about invading Ukraine—but not everything.


Russia Has Already Lost in the Long Run
Even if Moscow holds onto territory, the war has wrecked its future.


China’s Belt and Road to Nowhere
Xi Jinping’s signature foreign policy is a “shadow of its former self.”


The U.S. Overreacted to the Chinese Spy Balloon. That Scares Me.
So unused to being challenged, the United States has become so filled with anxiety over China that sober responses are becoming nearly impossible.