Fiscal-Cliff Agreement Won’t End Risk, Roubini Says: Tom Keene

The U.S. economy will be vulnerable to fiscal turmoil next year even if politicians reach an agreement to avoid the so-called fiscal cliff, according to Nouriel Roubini, who won the nickname Dr. Doom for predicting hard times before the financial crisis began in 2008.

An accord by lawmakers that avoids the worst of the potential headwinds will probably still leave the economy open to disruption, Roubini said in a television interview on “Bloomberg Surveillance” with Tom Keene, Ken Prewitt and Sara Eisen. Roubini is a New York University professor and chairman of a consulting firm that bears his name.