@ Daryo 07:13 Mar 15, 2013
In fact, before 2007-2008, no one listened to the Doomsday prophets such as Nouriel Roubini. With hindsight, we know he (and other guys such as the hedge fund manager John Paulson) was right And even today, although Roubini is quite famous, one can hardly say his point of view is mainstream: a majority of banks & insurance companies CIOs "buy" the recovery story in the US and elsewhere. This is why the Dow Jones and the Nasdaq are hitting historical highs at the moment although the US federal government has to carry a 8% deficit (+ 0,5% Fed fund rates) in order to reach a meager 2% GDP growth).
Even in France (a highly pessimistic country, though), a guy like Olivier Delamarche (fund manager) is seen as the funny guy who keeps on repeating the same silly things about the trompe-l'œil style recovery in the US and elsewhere. One of the journalists who interviews him every Tuesday on BFM TV is sometimes openly ironic with him.
Finally, I wound't say using "Cassandre" is taking sides: when you call someone a "Doomsday prophet", it is often with a bit of contempt. So you are already taking sides. | 
peer agreement (net): +4
