Nouriel 'Dr. Doom' Roubini Now Sees a Flagging Recovery

Nouriel Roubini, the New York University professor, nicknamed "Dr. Doom" for predicting disaster before the credit crisis, has again turned very negative on the U.S. economic recovery. There was a time, for a few months, when he thought the recession would end and modest growth would return. But whatever positive views Roubini may have had seem to have completely disappeared. During an address at the annual summit of business and political leaders in Davos, Switzerland, he said the economy was once again under dark clouds.