Nouriel Roubini
๐ค SpeakerAppearances Over Time
Podcast Appearances
I think it doesn't matter.
I don't make predictions.
It could go significantly lower, could stay where it is.
But the point is that, you know, Bitcoin is down from its peak by 50%.
The other top 10 cryptocurrencies are down between 60 to 90%.
You know, Melania coin and the Trump coin are down 97, 99%.
Even worse than Fart coin is down only 95%.
Well, you know, it's a traded currency, so.
And, you know, the NFT index is down 95% from the peak.
So it was a bubble, has burst, whether Bitcoin goes much lower or not, who cares?
Well, I spent a good amount of time between Saudi Arabia, Israel, Dubai, and Abu Dhabi.
I would say that foremost on people's mind was the question of whether there would be another conflict between Israel and U.S.
on one side and Iran, debated in Israel, in Saudi, throughout the Gulf.
We don't know.
There are negotiations.
I would say the Israeli view is that probably it's not just an issue about nuclear bomb, but also about...
the missiles, ballistic missiles, and the regional proxies, while Trump might just cut a deal on the nuclear bomb alone that will leave Israel in a weaker position.
But we'll see what are gonna be the results of those negotiations.
Oh, yes or no.
What I feel is people say we don't like the U.S.