Experts warn of impending financial crisis and market crash as 'everything bubble' bursts.

1 min read
Source: Markets Insider
Experts warn of impending financial crisis and market crash as 'everything bubble' bursts.
Photo: Markets Insider
TL;DR

Economist Nouriel Roubini warns that the US economy is heading into a "Bermuda Triangle" of risk, with three stressors facing the economy: high interest rates, waning liquidity, and a mountain of debt. Roubini warns of a stagflationary debt crisis and a severe recession to hit the US, which could rival the 2008 financial crisis. Roubini has repeatedly criticized the Fed's aggressive rate hiking regime over the last year, and some experts have called central bankers to stop raising interest rates entirely out of fear of "breaking" something in the financial system.

Share this article

Want the full story? Read the original reporting

Read on Markets Insider