> He's [Roubini] facing pretty asymmetrical incentives.
Actually, Roubini has remained refreshingly free from careerism. I think he's one of those incredibly smart people who has an intellectual commitment to thinking through complex problems in nuanced ways. He's also spent lots of time parsing the economic data and thinking through capital accounts, flows, finance, etc., all without the rose-colored spectacles of market fundamentalism. It comes across in his interviews: no bluster, no hectoring, none of the manic lingo of the Bubble Era, just topnotch thinking.
-- DRR