Books: “MegaThreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them” by Nouriel Roubini

Posted By on April 29, 2023

MegaThreats - Kindle ebook This past month while semi-vacationing in Florida (condo window installation), I started reading an excellent new book by well-known AMZN Kindle editioneconomist Nouriel Roubini called “MegaThreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them(October 18, 2022).

The book follows a trend for me and what I’ve been reading when it comes to the unsustainable path of expecting a continual “free lunch” when it comes to how governments finance wants and needs. Of course reading “MegaThreats” by “Dr. Doom” (who predicted te 2008 housing crisis) is probably not for everyone, especially if you’ve heard this before and yet government spending and mounting debt just continues to grow. It has been pointed out to me that decades ago I was worried about growing deficits and debt … and the demographic shifts, yet hear we are, well over $30 Trillion in debt with interest rates and inflation rising. How much longer can we as a country or world continue pumping out money each time an economic crisis arises?

Below is a 41 minute YouTube interview with Nouriel Roubini on British Public Broadcasting’s Channel 4 News.  

Comments

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
My Desultory Blog