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Economist Nouriel Roubini - "Dr Doom" - has warned of a prolonged downturn and sluggish recovery.
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Graham Watson
May 23, 2020 7:52 AM
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It's always nice to have some uplifting news at the weekend; Nouriel Roubini doesn't share this view, however.
He believes that the coronavirus recession is going to broaden out into a depression that is likely to last for as many as 10 years, be characterised by rising debt and a slow U- or even L-shaped recovery. If you're after good news, I suggest going elsewhere.