Roubini is just another propaganda machine like the usual mainstream media, trying to scare the world about the chinese economy, but stupid enough to forget that people are getting wise enough to judge the actual situation. he is obviously trying to being a helping hand to expand the US terror business into a new wing, if not a well practised one to penetrate the strength of china or more specifically the chinese neo-multibillionaire s.

Europe unification is like a zoo with no fences  

Another doomsday prophet scarring the world about what would happen when the euro collapses, well its going to collapse either way why dont make it an orderly one? With plenty of heads up for the market and time to prepare the problem would be manageable and with restored currencies the desiccating EU economy could rebound in particularly if the deadweight that is the EU would be dropped. I think i know why many foreigners like the EU: laziness in the case of America its easier to remember EU/"Europe (which it isnt)" instead of several countries and in regards to the BRICS countries Europe’s continued decline under EU management along with Obama´s alterations in America will guaranties your continued ascent to economic power.

I venture to predict that Roubini has a 50% probability of being right with his call.

"Noted American economist Nouriel Roubini says the eurozone is in the midst of crumbling, and with the rest of the world’s future at stake with a potential collapse, they might want to listen up — Roubini has been right before."

I dont know about right, he`s just full of shit as most americans are, trying to blame the fault on every one else, than really looking in to the problem what is them selves.its Americas fault that the bankcrash happend, its their fault 2 big wars cant sustain a market, the rich only did get richer and the poor poorer.

There is something not credible about this guru.  Yes, anyone with a grade school can tell that the economy sucks in all the developed world.  And since it is ALL the developed world that is suffereing from the malaise, it is clear that the problem is systemic, not due to any specific cause.   All this guru is saying is that it will get worse.  Thank you for the obvious.  But not ONE word on the systemic failure,  what is its KEY component, and what will take to fix it.  And then, he pontificates on China.  The story of the "nonperforming" loans is old one indeed.  What even grade school kids should know by now that if you OWE TO YOURSELF,  you can owe all you want.  But China has all the production capacities that it can ever want, and can switch to domestic demand, with domestic credit to its liking.  With FOREX reserves large, and gold reserves likewise, China would be in position to help with the structural issues in the developed world.  The problem, however, cannot be solved so easily.   For as long as the developed countries consider themselves military superior, they will never agree to structural reforms that make sense, and that China can participate in.  So, the stalemate actually continues.  The developed countries are just reshufling chairs on the Titanic.  They are unwilling to reform banking and other corporate financial mechanisms. 

Noted Economist ,Anyway, simple message your'e talking a load of bollocks.Probably impress our morons in the media and Broadcasting they full of shit also.

And Russian millionaires taking $billions from the Russian Federation to the U.S. and Western Europe....and spending $400 millions buying houses in the U.K. Curious.
The Russian Federation, with over $500 bn. currency reserves, and the largest energy reserves in the World, looks as a safe haven, more than London.

Glad your here to tell us these things Nouri. LOL

China will be hurt for sure, as will everybody, but China knows the storm is coming and is preparing. They are spending like crazy on infrastructure improvements. They are buying gold. The US has no gold, it is well known by those who have researched the issue that Fort Knox is empty, and the gold in the New York Fed vault is privately owned as is indeed the whole Fed system. 

The US has no native manufacturing capability remaining except a few corporate giants like Boeing and GM kept alive by government welfare, mostly they are defense companies. US companies import finished steel and other parts from China, assemble them in the US with illegal Mexican labor, then stamp "made in USA" on it. Ford and GM both now get the majority of their parts from China and Mexico. 

The point is China had massive native manufacturing capability and is building a domestic consumer market. When the music stops it is ultimately the USA, the "parasite on the world's economy" which will be left without a chair.