Dr Doom, who predicted global financial crisis, has a forecast for India
Economic Times 1 hr ago·16 Oct 2026, 9:43 am
Economist Nouriel Roubini, famously known as 'Dr Doom' for correctly predicting the 2008 global financial crisis, has turned his attention to India. He believes the country is poised to become a major global growth story in the coming decades, driven by easing US tariffs, deeper trade ties, and continued economic reforms.
For investors, this perspective reinforces India's long-term potential as a stable alternative to other major economies. Roubini’s view highlights the importance of structural reforms and the ability to create jobs for a rapidly growing young population.
Investors should watch for policy actions that accelerate growth and job creation. As global manufacturers diversify away from China, India's ability to attract foreign investment and adapt to technological shifts like artificial intelligence will be key to sustaining this growth trajectory.
Excerpt from Economic Times
Economist Nouriel Roubini, known as “Dr Doom” for predicting the 2008 Global Financial Crisis, sees India emerging as a major growth story over the coming decades. He believes easing US tariffs, deeper trade ties, friendshoring and continued reforms could strengthen India's economic prospects. However, India must…Read the original at Economic Times
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