Saturday, January 14, 2012

I watched Nouriel Roubini on TV. Bad idea!

Flicking the channels in this part of the world where I have no idea about the lineup seems to be a version of Forrest Gump's "life's like a box of chocolates. you never gonna know what you're gonna get." :)

Earlier this afternoon, I got Nouriel Roubini.

In his unique voice and tone, Roubini delivered yet another variation of the same message that he has been delivering for, well, forever it seems like--it will get worse before it gets better.

While Roubini was being his usual Dr. Doom self, the ticker at the bottom quoted Joseph Stiglitz that the US economy might be shaky all the way through 2013.

Whatever happened to the two-handed economists that President Harry Truman complained about?

With the downgrading of quite a few Euro Zone countries' bond ratings, there is not much optimism on the economic front. So, ...

I decided that I needed to inflict more painful news on myself.

Off I went to another predictably bad news giver: Glenn Greenwald, who is really, really ticked off with the systematic killings of Iranian nuclear personnel.

I agree with Greenwald that it is terrorism; but, then, when have I not been able to agree with his analysis!

On the Iranian front, Google News brings this to my attention--a news item that quotes the Wall Street Journal:

"The US military is preparing for a number of possible responses to an Israeli strike, including assaults by pro-Iranian Shiite militias in Iraq against the US Embassy in Baghdad," the paper quoted a US official as saying.

According to the report, Washington has moved a second aircraft carrier to the Persian Gulf area and has stationed 15,000 troops in Kuwait as means to create deterrence in the region.
All right then, maybe the Mayan prophecy about 2012 will become true, after all, eh!

Meanwhile, my parents wanted an update on the cricket scores; more bad news, but, thankfully, not for me because I don't follow the game anymore and couldn't care about any outcomes there.  I suppose that is my good news for the day!

Imagine Nouriel Roubini forecasting the road ahead for India's cricket team :)

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