lystn

I first came across Nouriel Roubini in 2007 at the World Economic Forum in Davos. Back then, the WEF annual meeting would run from the last Tuesday night in January through to Sunday lunchtime. The first must-attend session was a high powered panel discussion on the World Economic Outlook held at 9am on Wednesday morning. Back in 2007, the mood among the cream of the world's economists was buoyant, so the pessimistic Roubini cut a lonely and isolated figure who was referred to in the media as "Dr Doom". He was so very right on that call. Dr Doom became Dr Right. And ever since, when the consensus looked too cosy, like many others I have sought him out as the voice of truth. So my ears pricked when the Bloomberg Surveillance team caught up with the inimitable NYU professor to ask him about Bitcoin. His response is in a similar vein to those warnings he made ahead of the Great Financial Crisis.