Doomsday warnings of US apocalypse gain ground

Posted on September 13, 2010

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Economists peddling dire warnings that the world’s number one economy is on the brink of collapse, amid high rates of unemployment and a spiraling public deficit, are flourishing here.

The guru of this doomsday line of thinking may be economist Nouriel Roubini, thrust into the forefront after predicting the chaos wrought by the subprime mortgage crisis and the collapse of the housing bubble.

But other economists, who have so far stayed out of the media limelight, are also proselytizing nightmarish visions of the future.

via Doomsday warnings of US apocalypse gain ground.

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