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[bob ford <bobford79 AT yahoo.com>]

Nouriel Roubini is sometimes quoted by Don and others on the list.  Though 
generally a pessimist or realist, he is considered to be brilliant.  This 
article, just out, is ominous in its forecast ............bobford
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Nouriel Roubini's Global EconoMonitor

The world is at severe risk of a global systemic financial meltdown and a 
severe global depression

Delicious Digg Facebook reddit Technorati Nouriel Roubini | Oct 9, 2008 
The US and advanced economies’ financial system is now headed towards a 
near-term systemic financial meltdown as day after day stock markets are in 
free fall, money markets have shut down while their spreads are skyrocketing, 
and credit spreads are surging through the roof. There is now the beginning 
of a generalized run on the banking system of these economies; a collapse of 
the shadow banking system, ....................


http://www.rgemonitor.com/roubini-monitor/253973/the_world_is_at_severe_risk_of_a_global_systemic_financial_meltdown_and_a_severe_global_depression