Renowned macroeconomic expert Nouriel Roubini, also referred to as ‘Dr. Doom’ or ‘permabear,’ a moniker he earned by correctly predicting the 2008 financial crisis, has a bullish outlook on the U.S. and global economy, defying several Wall Street forecasts in recent weeks.
What Happened: Speaking with Simon Nixon, the publisher of the Wealth of Nations newsletter at the 10th Delphi Economic Forum in Greece this week, Roubini had a rather optimistic take on the state of the economy, owing to the recent advances in AI, as reported by Geek Reporter.
He said “Artificial intelligence is set to transform a dozen major sectors, propelling economic growth,” before adding that by the end of this decade “U.S. growth could hit 4 percent. By the end of the next decade, we might see 6 percent.”
See More: ‘Trump’s Tariffs Will Drain Retirement Savings, Push Us To The Brink Of Recession,’ Says Nancy Pelosi While Quoting Ronald Reagan
Saying that he’s gone from “Dr. Doom to Dr. Boom,” Roubini …Full story available on Benzinga.com
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