Roubini: Worst U.S. Recession in 50 Years

Thursday, November 20, 2008 10:13 AM

By: Dan Weil

Economist Nouriel Roubini, who correctly forecast the current financial crisis, believes the U.S. economy will suffer its most severe downturn since the 1950s thanks to that crisis.

“I expect the worst U.S. recession in 50 years,â€