Economic Meltdown?

Nouriel Roubini is a Economics professor at the Stern School of Business who is often quoted in the press and sought after for his insights...

http://pages.stern.nyu.edu/~nroubini/

He also runs a newsletter web site...

http://www.rgemonitor.com/

His web site is fee-based, but I found that someone has posted the contents of his Feb 5 newletter which has generated a stir in the press. It is titled:

"The Rising Risk of a Systemic Financial Meltdown: The Twelve Steps to Financial Disaster"

It can be found here...

http://www.tickerforum.org/cgi-ticker/akcs-www?post=27709

The followup article titled:

"Can the Fed and Policy Makers Avoid a Systemic Financial Meltdown"

can be found here...

http://www.tickerforum.org/cgi-ticker/akcs-www?post=28639

Very scary reads.