The uncertainty is large, the panic grows with each Corona case, the markets break – now is the time for Nouriel Roubini is back. Like no other Economist, he looks gloomily into the future, sees everywhere Exaggerations and Crash risk. Again and again he was right, so in the case of the financial crisis and the debt crisis. "A broken clock is wrong twice a day", smiling some Economists, however, the Turks, with American passport.

"shock to the world economy"

this Time, Roubini sees black: "Everyone believes that we have to do it with a V-shaped development, so a short recession with a quick recovery. But the people have no idea what you're talking about, they prefer to believe in a miracle," he said in an Interview with the "mirror". The Chinese economy will not recover as fast as many think and much less to grow. "That would be the equivalent of a recession in China and a shock to the world economy," said Roubini. The policy responses to the crisis were "a joke". "Politicians are usually a bit behind the curve. This crisis will widen and the Disaster will be.“

Roubini predicts: "If we slide into a global recession, we will also have a financial crisis. The debt has risen, the US real estate market is as much a bubble as in 2007. So far, the bombs just so no time, because there was growth. But that's over now.“
 

"China is looking for a scapegoat,"

The Economist also predicts that the Chinese government "will look for a scapegoat", from its failure in the crisis, to distract: "I appreciate that China is causing Trouble in Taiwan, Hong Kong or even Vietnam, to distract. You beat down the uprising in Hong Kong, Chinese fighter planes fly in the airspace over Taiwan and provoke the U.S. military. It takes only one incident in the Strait of Formosa, and we are military actions to experience. No hot war between China and the United States, but Action. This is exactly what the people in the US government as foreign Minister, Mike Pompeo, or Vice-President Mike Pence want to.“
 

"The U.S. will bomb Iran"

Roubini's forecasts go even further. He expects that it will also come to a war between Iran and the United States: "The US government wants regime change in Iran. They will bomb the Iranians and give them hell. But the Iranians are suffering accustomed to. Believe me, I'm an Iranian Jew, I know the Iranians! You in turn want to rush Trump. The tensions between the two countries will continue to drive the price of Oil in the altitude and inevitable cause, that Trump loses the elections.“

The uncertainty will cause the stock market courses are yet to break even solid. Roubini predicts a Minus of 30 to 40 percent. "Therefore, I advise: Keep some of that Cash and invest in safe government bonds, for example German government bonds. Have negative returns, but what's the Problem? It means only that the prices rise and rise, so that you can make a lot of money. If I'm wrong and the shares should rise markets by ten percent, it is also in order. You must use your money to hedge against a Crash, this is much more important. This is my Motto: better to be secure than sorry' to say!“ René wants to return, which means you save for retirement and have more money now FOCUS Online René return want to save for retirement and have more money now

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