On Dec 28, 2008, at 12:46 PM, Michael Pollak wrote:
> FWIW, apropos the subject heading, in the profile below, Roubini
> strenously disputes that he's a mega- or perma-bear. He says it's
> all situational: he saw the crisis coming (as did you), and now he
> sees the solution coming (solution in the sense of keeping the
> system from falling into depression or collapsing, with which you
> would also agree, no?).
Yup. In the subject heading I was referring to his reputation, not his own position. I heard him months ago at the CFR forseeing something like an 18-month recession. When I recounted that to some serious perma-bears, they were disappointed.
> See esp. the last line. In disposition (if not -- definately not --
> in intellectual accomplishments) Roubini sounds like Keynes: a
> capitalism cheerleader who concentrates on predicting disasters in
> order to warn the system managers. So he can continue enjoying his
> epicurian life.
I can see the charms of hosting model-rich parties in an apartment lined with plaster vulvas!
His emails to Nick Denton, though, are deeply insane.