The big question on Wall Street continues to be, “Have we seen the bottom?” One well known economist says “no.” Nouriel Roubini says anyone who believes that this will be a ‘shallow’ recession is “delusional.” He says be ready for severe recession, severe debt, and a severe financial crisis. Now you know why they call him Dr. Doom. If you are close to retirement, how serious should you take comments like this?
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