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Showing posts from February, 2025

Roubini on AI's Double-Edged Sword: Growth Potential and Inequality Risks

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Nouriel Roubini: 8% Interest Rates By 2030 & 80% Unemployment by 2045? (YouTube link ) Here's a summary of the key points from the conversation between Adam Tager and Dr. Nouriel Roubini on the " Thoughtful Money " channel with the help of Grok 2 : Economic Outlook: Global Economy:   Dr. Roubini describes the global economy as "good" in one word, but "not good" in two, highlighting the complexities and contradictions in global economic performance. He notes that while a global recession has been avoided, many parts of the world are experiencing mediocre growth or are economically fragile, including advanced economies like those in the Eurozone and emerging markets like China. U.S. Exceptionalism: The U.S. is described as an exceptional case with growth above potential, but this growth masks significant income and wealth inequality. Inflation has been managed down, but many Americans feel left behind due to rising economic disparities. Financial Mar...