Read Nouriel Roubini

Specifically, where he relates what he said on a Bloomberg TV Interview, where he says that he expects the worst financial crisis cince the Great Depression and worst U.S. recession in decades.

No surprise to me, or his other regular readers, but if you don't read RGE Monitor regularly, it's a must read.

I think he's right, though he may be too optimistic.

He predicted the housing/credit/insurance bubble collapse, but was actually more optimistic that reality.