The ubiquitous Nouriel Roubini was in Toronto yesterday.
BNN interviewed Dr. Doom. He says that the outlook has significantly deteriorated and that there aren't simply solutions. Liquidity solutions cannot solve problems.
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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
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