Nouriel Roubini..Guru …Who advises

If you read any newspaper or blog today you would find thousand analysis about why things went wrong. A year ago you could have seem most talking about why things are great now (inspite of the sub-prime issues). 2 years ago…things were even rosier.. At one point even Stephen Roach of Morgan Stanley stopped talking negative…(may be his new assignment did not allow him too). But Nouriel Roubini maintained his stance that the path that USA was following monetary and economic policy wise was not the right way and that they will pay for it. Well now his prediction (and that of Stephen Roach before he moved to Asia) has come true. But atleast Fortune magazine recognized him and selected him as one of the new gurus of modern thinking.  Hope that in the future people show more eagerness in diagnostics rather than in postmortems. But then greed never promoted rationality.