Nouriel Roubini
๐ค SpeakerAppearances Over Time
Podcast Appearances
I lived in Israel, grew up in Italy in the U.S.
So I don't take it personally, but I would say that while this is an appalling experience,
and the current one is worse than the previous one, the threat is not just to Israel.
The threat is not just to the GCC country.
The threat right now is not just to Europe.
Europe is threatened from an economic point of view, from a military point of view.
The missiles, long-range ballistic missiles of Iran can reach anywhere of the European Union.
It's a threat to the world.
It's not acceptable.
You can discuss whether it was the right thing or not to start this war.
Once you start it, if you don't finish it, it's going to be much worse than the situation previously.
So given the risk, you have to try to finish the job and having effective regime collapse or the regime boxed in in a way that's not anymore a threat.
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.