Nouriel Roubini – författare

In this myth-busting book Nouriel Roubini shows that everything we think about economics is wrong. Financial crises are not unpredictable 'black swans', but an inherent part of capitalism. Only by remaking our financial systems to acknowledge this, can we get out of the mess we're in. Will there be another recession, and if so what shape? When will the next bubble occur? What can we do about it? Here Roubini gives the answers, and lists his commandments for the future.

The bestselling author of Crisis Economics argues that we are heading toward the worst economic catastrophe of our lifetimes, unless we can defend against ten terrifying threats.Renowned economist Nouriel Roubini was nicknamed "Dr. Doom," until his prediction of the 2008 housing crisis and Great Recession came true - when it was too late. Now he is back with a much scarier prediction, one that we ignore at our peril. There are no fewer than ten overlapping, interconnected threats that are so serious, he calls them Megathreats. From the worst debt crisis the world has ever seen, to governments pumping out too much money, to borders that are blocked to workers and to many shipments of goods, to the rise of a new superpower competition between China and the U.S., to climate change that strikes directly at our most populated cities, we are facing not one, not two, but ten causes of disaster. There is a slight chance we can avoid them, if we come to our senses - but we must act now.In the 1970s, the U.S. faced stagflation: high rates of inflation combined with stagnant employment and growth. Today, we are heading toward a Great Stagflation that will make the 1970s look like a walk in the park.

A Financial Times Economics Book of the YearA Times Business Book of the YearA Sunday Independent (Ireland) Book of the Year'People who like horror films will love this book' Financial Times'Forewarned is forearmed. Read and pay attention' Martin Wolf'Not only will the reader be better off after reading this book, but the world will be a better place' Nassim Nicholas TalebWe are heading towards the worst economic catastrophe of our lifetimes - unless we can defend against ten terrifying threats.World renowned economist Nouriel Roubini was nicknamed Dr. Doom until his warnings of the 2008 housing crisis and Great Financial Crisis came true - when it was too late. Now he's back with much scarier predictions, ones that we ignore at our peril. There are no fewer than ten overlapping, interconnected threats that are so serious Roubini describes them as megathreats - with each one potentially amplifying the others. From the worst debt crisis the world has ever seen, to governments pumping out too much money and causing inflation, to borders that are blocked to workers and many shipments of goods, to the rise of a new superpower competition between China and the US, to pandemics and climate change that strike directly at our most populated cities, to the threat to jobs coming from AI, we are facing not one, not two, but ten causes of disaster.Today, we are heading towards a Great Stagflation that will make the 1970s look moderate. There is a slight chance we can avoid it, if we come to our senses - but we must act now.