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I stopped reading when I saw Nouriel Roubini. He's a smart economist and while I think he has good points on certain things that are wrong with crypto, the way
by charlesdm 8y ago
I stopped reading when I saw Nouriel Roubini. He's a smart economist and while I think he has good points on certain things that are wrong with crypto, the way he fundamentally delivers his views in this matter are ridiculous and bitter.
He's been overly passionate (and aggressive?) on trying to make sure he's right. He's shouting it from the rooftops. He keeps repeating it's all a bubble. All good and well, and it very well might be, BUT that in itself doesn't give him credibility. You can say the same thing about the stock market, and once every economic cycle when we see a major correction, you'll be right. A broken clock is also right twice a day.
At the same time, economists usually aren't very wealthy people.. maybe they are overly sceptical of new developments.
- dubya123 8y agoShocking, people that dedicate themselves to research don't end up very wealthy. Whoda thunkit.
- go_blue_13 8y agoUsually people who research a field are masters of that field. A poor economist...
- Synaesthesia 8y agoBeing an economist doesn’t mean you are in the business of accumulating huge amounts of money. It means you study economic systems.
- adamch 8y agoAre all the AlphaGo engineers also top-level Go players?
- scabarott 8y agoOr doctors the healthiest, fittest, most disease-free individuals?
- SideburnsOfDoom 8y agoBut enough about the merits of the argument, let's hear what you think of the author.
- neuromantik8086 8y ago> At the same time, economists usually aren't very wealthy people.. maybe they are overly sceptical of new developments. That's a risible critique of expertise with little applicability to Nouriel Roubini in particular. Last time I checked, Nouriel was living in a $5.5 million penthouse in the East Village, and before that he was in Tribeca.