Poway,
Roubini’s original forecast (in 2005) for recession was in actually 2006 that he moved to 2007. Anyway that wasn’t the point. My point was that Roubini is much better at providing the brilliant analysis disecting coming reports but I was getting bored of him focussing on his recession predictions. I don’t know why you got defensive about Roubini, I didn’t mean to belittle him. I used his example to make broader point that that everyone has a financial bias in their analysis and it maybe too harsh to blame only the mainstream economists for that.