An NYU economics professor tabbed "Dr. Doom" for his dire predictions of an impending financial meltdown in the U.S. back in 2006 has yet to don the rose-colored glasses government officials have been wearing lately.
In a reference to Federal Reserve Chairman Ben Bernanke's comment that he sees "green shoots" sprouting in the economy, Dr. Nouriel Roubini told CBS' The Early Show Monday, "I see green shoots. I also see yellow weeds."
Roubini based his less-than-upbeat outlook on the decade of excessive spending that preceded the meltdown of the credit markets, as well as the unemployment rate which he forecasts hitting 11 percent by 2010. - CBS News
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