Monday, March 16, 2009
Just like Peter Schiff, who appeared on every media outlet in the world proclaiming that he "called" the real estate bust (but then went on to lose all his clients' money), another phony is exposed.
New York University professor, Nouriel Roubini, a long time perma-bull who recently said he believes this rally is a "dead cat bounce," is actually 100% long stocks for his own account, yet he tells his clients to go short!
These guys are the most despicable sort of humans. They prey on the fears of innocent people while hiding behind a charade of concern, and standing upon a mountain of sanctimony. They are cowards of the worst order.
Read article here.