To Mr. Roubini, the most interesting question isn't the one of who got it right.
WSJ: Nouriel Roubini Says Nationalizing the Banks Is the Market-Friendly Solution
Speaking at Columbia University this week, Roubini said the economic data eventually showed he was right.
But restructuring is nothing more than kicking the can down the road, according to Roubini.
FORBES: Roubini Warns Of Euro Break Up As Greek Credit Rating Tumbles
During his conversation with Forbes, Roubini contradicted common sentiment on the timing of that potential restructuring.
Roubini also touched on the potential for a rate hike by the European Central Bank.
It is not every day that perma-bear Nouriel Roubini sounds relatively optimistic on macroeconomic matters.
FORBES: Roubini On US Downgrade: Bond Market Revolt Won't Happen
Interestingly, Roubini says that the downgrade could actually be positive for U.S. bond markets.
FORBES: Roubini On US Downgrade: Bond Market Revolt Won't Happen
Roubini received an undergraduate degree at Bocconi University in Milan, Italy, and a Ph.
Roubini has previously said that he thinks future rounds of quantitative easing are on the way.
FORBES: Roubini: QE3 Is Coming, But Bernanke Will Be Too Late
Roubini had good words for the troubled MENA (Middle East and North Africa) region.
FORBES: Roubini: Risk Of Double Dip If Oil Hits $140, UK And Trichet Shouldn't Tighten Yet
The financial press will interview the usual suspects, Roubini bears getting ample air time and newsprint columns.
Since then, it has only gotten worse, said Roubini, chairman of RGE Monitor, a strategic analysis firm.
On Tuesday morning, Nouriel Roubini tweeted a very interesting interview with influential high tech pundit Jaron Lanier.
FORBES: Lanier: Not Only Are You Not A Gadget, YouTube Won't Make You Rich
But Roubini sees a way to avoid major losses, via a type of extend and pretend system.
"History would suggest that maybe this crisis is not really over, " Roubini told Bloomberg News in May.
In some cases, says Nouriel Roubini, that debt is trading at just over half its original value.
Certainly there were economists like Shilling, Roubini and Baker warning of dire consequences to the ongoing bubble.
Forecaster Nouriel Roubini suggests people nervous about the global economic climate hoard cans of chopped meat instead.
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Academic economists like Roubini, with lucrative consulting businesses on the side, expect the consumer to tap out shortly.
Roubini told CNN the U.S. the eurozone and China would all face tough challenges over the coming year.
The United States seemed to be on relatively good footing, according to Roubini.
FORBES: Roubini: Risk Of Double Dip If Oil Hits $140, UK And Trichet Shouldn't Tighten Yet
In the U.S., Roubini is keeping his eye on four main downside risks.
We caught up with Roubini (right), now also a Forbes columnist, on the opening day of the 2009 forum.
Commodity prices are collapsing everywhere in the world, validating the long-held predictions of bears like Gary Shilling and Nouriel Roubini.
When Steve Forbes asked Roubini whether we were seeing a municipal bond market bubble in January, Roubini clarified his stance.
FORBES: Muni Talks: Roubini And Lehmann Say Get Out Of Municipal Bonds
But, as Nouriel Roubini and Christian Menegatti point out in a recent report, that retrenchment is modest by historical standards.
In January, when he sat down with Steve Forbes, Roubini identified states and local municipalities as potential recipients of QE3.
FORBES: Roubini: QE3 Is Coming, But Bernanke Will Be Too Late
Investor blogs were flourishing and Middleton began submitting lengthy posts to sites like Nouriel Roubini's rgemonitor.com, which tracks macroeconomic trends.
Industry watcher Jonathan Roubini, editor of Lab Reviews, said Android 3.0 was key to the success of any iPad killer.
Roubini sat down with Steve Forbes at the beginning of this year as part of the Intelligent Investing interview series.
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