Bank nationalization is coming, but we might call it “taking banks over”.
Nouriel Roubini is a Professor of Economics at NYU, and is has been forecasting this econcomic meltdown for some time. It has earned him the nickname of “Doctor Doom”.
To Mr. Roubini, the most interesting question isn’t the one of who got it right. Instead, he asks why we “over and over again, get into these [...]