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The Great Roubini is an ass

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It’s strange that we live in a society where public masturbation is illegal, but public prognostigation on the economy is not. Both involve stroking one’s self/one’s ego before an audience but the success rate is much higher for the masturbater.

One of the worst offenders when it comes to lame-ass prognostication is Nouriel Roubini, the so called “Dr. Doom” who claims to be the one person to have predicted the 2008 Credit Crisis. Mr. Roubini is an economist who has now made a cottage industry of predicting financial woe. Indeed, CNBC reported today that Roubini tweeted that his predicted four signs of global financial meltdown, which includes “stalling growth in the U.S., debt troubles in Europe, a slowdown in emerging markets, particularly China, and military conflict in Iran” are all coming true. Quick! Find the nearest person and crack open their skulls for the nutrient rich brain matter inside!

Let me take this opportunity to say that Roubini is an ass. Anyone who critically thought about the fact that in 2008 New York restaurant was serving a $1000 omelet could tell you that there was a bubble that would eventually burst. More recently, predicting like Mr. Roubini did that a weak global economy might get weaker is like predicting that your frail old aunt might get sick from a January skinny dipping session. Finally, Roubini’s prediction about “military conflict in Iran” is ridiculous because there is no military conflict in Iran. What is this guy talking about? Why are people still listening to him?

Roubini is basically a con-artist enabled by Twitter and a 24/7 news culture. Also, the New York Post had a pretty convincing tidbit last year about Dr. Doom being your run-of-the-mill fame whore.

Unless I’m just jealous about his success. For you see, I too have clairvoyant abilities: I predicted that Tom Cruise and Katie Holmes’ marriage would collapse into a soup of scientologist nonsense AND THEN IT DID. So how come CNBC is reporting on my random tweets? Huh? Huh???


Written by Your Benevolent Editor

July 9, 2012 at 7:18 pm

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