(Natural News) An esteemed professor and economist pointed out that persistent inflation, the impending economic recession and an imminent insolvency crisis in the banking sector is leading the U.S. into a “doom loop.” Nouriel Roubini, an erstwhile economic advisor to the Clinton administration, outlined his findings in a March 30 commentary titled “The Coming Doom […]
in: bank runs,Banking Collapse,banks,Collapse,debt bomb,debt collapse,deposit outflows,doom loop,duration risk,economic collapse,Inflation,insolvency,interest rates,liquidity,Nouriel Roubini,rate hikes,recession