[quote=svelte]Wait…Roubini, the very person that many on this board worshipped just a few short months ago, is touting a position (reducing principal) that many on this board think is the work of the devil?
Blasphemy![/quote]
Correct. I respect Roubini for his correct forecasting of the advent and depth of a recession. I don’t respect him for tossing moral hazard and fairness over the wall.
