[lbo-talk] Roubini's unemployment call now up to "well above 10 percent into next year"

[SA]

[I recall some talk about his previous 9% call being not so bad.]

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http://www.cnbc.com/id/29598949

 From CNBC: Roubini: US Recession Could Last Up to 36 Months.

    "We could end up ... with a 36-month recession, that could be 
"L-shaped stagnation, or near depression," Roubini said. He puts the 
chance of a severe U-shaped recession at 66.7 percent, and a less severe 
L-shaped recession at 33.3 percent.

    ...

    "We are in the 15th month of a recession," said Nouriel Roubini, a 
professor at New York University's Stern School of Business, told CNBC 
in a live interview. "Growth is going to be close to zero and 
unemployment rate well above 10 percent into next year."